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Welcome aboard the Costa Serena, the Asian Games floating hotel
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Pope arrives in France on first state visit in 18 years
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Asian markets mixed after recent oil surge
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Heavy fighting, internet disruption as Ethiopia conflict rages
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Cash for nature protection: hotelier's offer to Principe islanders
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From transit to consumption: drug use surges in Mozambique
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US miner KoBold bets on AI to gain edge in DR Congo mineral hunt
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Chicago teams, Guardians and Padres all book MLB playoff berths
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Internet disrupted in Ethiopia as conflict rages
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Bijan Robinson destroys Packers in 35-14 win for Falcons
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Asian markets mixed after oil gains
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Harimoto hails new era as Japan dethrone table tennis kings China
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'Genius' Ohashi bids for third Asian Games gold after world record
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India rape cases turn focus back onto women's safety
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India's 'Tree Father' plants for a greener future
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Rebellious Afghan taxi drivers defy ban on music
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Hopping mad: New health warning stirs up Belgian brewers
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Brazil candidates mount digital armies for fierce online campaign
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Canadian capital to rename 'Trump Ave'
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Nepal PM says floods 'a warning to the world' about climate change
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Pope heads to France on first state visit in 18 years
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Trump hosts Xi for state dinner as pomp masks tensions
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Bacteria suspected in deaths of hundreds of baby whales off Argentina
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Scheffler and Burns give US 3-2 Presidents Cup lead
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US 'must choose' whether to end war: Iran president to Fox News
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Hollywood stars among 100 arrested in NY anti-Netanyahu protest
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UN approves resolution on dealing with rising sea levels
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Klopp denied on Germany debut as Portugal win in Nations League
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Yalcouye makes dream debut as Ivory Coast beat Ghana in AFCON qualifier
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Rich nations should foot climate bill, says Nepal minister
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Chicago's White Sox and Cubs book MLB playoff berths
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Wellalage and Mendis star as Sri Lanka level England series in thriller
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Last-gasp Gakpo strike snatches Dutch draw to sour Klopp debut
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Felix gives Portugal win over Wales as Ronaldo misfires
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Global stocks mostly fall as oil prices and bond yields rise
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Wellalage and Mendis star as Sri Lanka level England ODI series
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Israel's Netanyahu denounces enemies, allies in fiery UN speech
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Guyana urges Venezuela at UN to respect ICJ's ruling on Essequibo region
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Hollywood stars among arrests in NY anti-Netanyahu protest
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Argentina coach says Messi deserves to go out on own terms
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Losing start in AFCON qualifying for 78-year-old coach Le Roy
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Xi sets red lines for Trump despite lavish White House welcome
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Italy bans burqas in schools, caps numbers of foreign students per class
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Cowboys, Ravens happy with footing for first Rio NFL clash
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Israel policies threaten 'life and existence' of Palestinians, Abbas says
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Starbucks to close 250 more cafes in North America
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Paolini steers Italy past China in BJK
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French actress Marina Vlady dies at 88
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Zidane admits emotion on eve of first game as France coach
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CNN, MS NOW, Politico allowed back in White House after judge's order
FIFA proposal 'an opportunity but not an obligation', says Infantino
FIFA president Gianni Infantino said Wednesday that the proposed launch of a private subsidiary to expoit the commercial benefits of the World Cup was "an opportunity but not an obligation".
A proposal to sell stakes in FIFA's major competitions sparked disbelief and outrage globally since it was revealed Tuesday, but Infantino defended the idea, saying too little of football's commercial value reached the parts of the game that need it most.
"FIFA Forward Enterprise, or FFE, is actually a proposal, an offer. It's part of a democratic process – a consultation process – and, above all, it is an opportunity but not an obligation," Infantino said in a video released Wednesday evening.
"It is a golden opportunity to turbocharge the development of the game globally. But again, it is just an offer, not an obligation."
Infantino insisted the proposal was centred on unlocking "previously uncaptured commercial value" and was conditional on a democratic vote of FIFA's 211 member associations and approval by the FIFA council.
"Capturing that value requires additional expertise, additional insight, distinct from governing and developing the sport," he said.
"It would simply commercialise and organise all FIFA-owned competitions along with sponsorship, broadcast, licensing and new ventures for the benefit of FIFA's 211 member associations."
Infantino said the game would not change and the fans would be happier.
"Fans from everywhere in the world would gain immeasurably from this game-changing potential because it will transform football in their countries," he said.
W.Lapointe--BTB