ESPN FCInfantino adviser Cordeiro resigns over FIFA plan
Carlos Cordeiro, a senior adviser to FIFA President Gianni Infantino and former president of the United States Soccer Federation, has stepped down from his position in protest of a proposed private equity plan. The move comes as a surprise to many within the football community, with Cordeiro's resignation announced on Friday.
Cordeiro, who played a key role in the United States' bid to host the 2026 FIFA World Cup, was also a member of the White House Task Force for the World Cup. His departure from FIFA is seen as a significant blow to the organization, particularly given his extensive experience and knowledge of the global football landscape. The private equity plan, which Cordeiro has publicly criticized, aims to generate revenue for FIFA through investments from private equity firms.
Details of the plan are still unclear, but it is understood that Cordeiro was opposed to the idea of allowing private equity firms to play a role in FIFA's financial management. His resignation is likely to put pressure on Infantino and the FIFA executive committee to reconsider the plan and provide greater transparency about its intentions. The move is also seen as a setback for Infantino, who had been relying on Cordeiro's expertise and experience as he navigates the complex world of international football governance.
Cordeiro's departure from FIFA is the latest development in a series of high-profile resignations and controversies to hit the organization in recent years. As the global football community continues to grapple with issues of governance, finance, and corruption, Cordeiro's resignation serves as a reminder of the challenges facing Infantino and the FIFA executive committee.