REAL MADRID have slammed Gianni Infantino for looking to flog shares in the World Cup – and likened the bombshell proposal to LaLiga’s own commercial rights deal.
Fifa were to sell stakes in the sport’s biggest tournament after facing worldwide pressure.
Gianni Infantino has been slammed by Real Madrid Credit: Getty
Los Blancos are bossed by Jose Mourinho Credit: AFP
And Infantino, 56, has despite the humiliating U-turn.
But Real Madrid have hit out at the Fifa supremo for wanting to allow private investors to bag a chunk of the World Cup.
The 15-time Champions League winners have released a scathing statement just 24 hours after Uefa in Infantino.
It read: “Real Madrid welcomes Fifa’s decision to abandon its proposal for the partial sale of the commercial rights to its competitions.
“Our club believes this is good news for football, its institutions and, above all, for the millions of fans of our beloved sport.
“ wishes to express its gratitude to Uefa, the confederations and federations, and all the institutions that firmly and responsibly opposed this project.
“Their unity and sense of duty protected football at a crucial moment. Clubs are the foundation upon which international football and the World Cup are built.
“They are the ones who discover, train, develop and provide the national teams with the players who make these major competitions possible.
Infantino planned to flog shares in the World Cup Credit: AFP
“International football and the are, above all, events of public interest and they constitute a heritage that belongs to nations, fans and society as a whole.
“Therefore, we believe they should never be treated as mere financial assets to be traded for the benefit of a select few.”
Real Madrid against LaLiga president Javier Tebas and CVC Capital Partners five years ago.
It came after the private equity firm agreed a mega-money deal with the Spanish top flight, leading to a commercial entity being created.
CVC Capital Partners received the right to more than eight per cent of the net income for 50 years.
But Real Madrid, who have as their boss ahead of the new season, are set to continue challenging the partnership after an appeal was dismissed two months ago.
And Los Blancos chiefs reaffirmed their opposition while slating the World Cup plans.
The statement added: “ firmly opposes any attempt to sell future commercial revenue from competitions without assuming any of the associated costs or risks.
Infantino has vowed to cling onto his job Credit: PA
Real Madrid president Florentino Perez is unhappy with LaLiga’s deal with CVC Capital Partners Credit: AFP
“It is the clubs that bear these costs and risks, and any initiative that seeks to appropriate future football revenue without assuming the responsibilities that generate it is unacceptable and should never be considered again.
“This is also the same principle that Real Madrid has consistently upheld at the national level.
“Our club opposed and did not participate in the operation whereby committed a percentage of the clubs’ future audiovisual revenues for 50 years in exchange for the entry of a private fund like CVC.
“Mortgaging for half a century revenues that belong to the clubs, who are the ones who bear all the costs and risks, sets a precedent that football must not repeat, whether in our country or internationally.”