Sport Business World

FIFA Plans $20 Billion World Cup Stake Sale

FIFA Plans $20 Billion World Cup Stake Sale

FIFA President Gianni Infantino is planning to create a $20 billion company running the World Cup with private investors including the Kushner family, selling a significant minority stake.

The initiative is part of a financial scheme that could generate millions in revenue, with Infantino reportedly plotting the move after talks with Donald Trump.

UEFA has reacted furiously, issuing a statement condemning the proposals and warning of ruptures in world football governance.

The plan would see FIFA retain majority control while selling shares partly to each of FIFA's 211 national associations.

FIFA albinfo, CC BY-SA 4.0
FIFA
International governing body of association football
Gianni Infantino
Swiss-Italian football administrator
Union of European Football Associations
International governing body for association football in Europe
FIFA World Cup
International association football competition contested by the senior men's national teams
Kushner family
American family involved in real estate