World Cup: Joshua Kushner Regrets Role in Abandoned Private Investment Plan

World Cup: Joshua Kushner Regrets Role in Abandoned Private Investment Plan

Kushner made the remarks only days after Uefa requested permission from a New York court to subpoena testimony and records from the US billionaire and Thrive. The organisation is assessing whether to file a criminal complaint against Infantino in Switzerland. Uefa, European football’s governing authority, has spearheaded opposition to the Fifa president amid mounting demands […]

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FIFA Abandons Plan to Sell World Cup Stakes Following Widespread Backlash | FIFA

FIFA Abandons Plan to Sell World Cup Stakes Following Widespread Backlash | FIFA

Gianni Infantino’s controversial plan to sell portions of the World Cup’s commercial assets to private investors has fallen apart. The Fifa president acknowledged that the initiative had caused divisions that ultimately undermined its original purpose, following strong opposition across international football. The proposal triggered widespread unrest throughout the sport, with Uefa warning that it could […]

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Infantino Faces Intense Pressure as World Cup Sell-Off Plan Triggers Resignation and Backlash | FIFA

Infantino Faces Intense Pressure as World Cup Sell-Off Plan Triggers Resignation and Backlash | FIFA

Pressure intensified around Gianni Infantino after a turbulent day in which a senior adviser stepped down and FIFA’s chief operating officer issued a severe public criticism of his leadership. Infantino is facing growing resistance over his proposal to sell private investors stakes connected to the World Cup. European associations have warned that they could boycott […]

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FIFA Insists ‘Football Is Not for Sale’ as It Pushes Ahead With Controversial World Cup Investment Plan

FIFA Insists ‘Football Is Not for Sale’ as It Pushes Ahead With Controversial World Cup Investment Plan

Fifa plans to establish a commercial subsidiary responsible for managing its leading competitions, including the World Cups, while allowing outside investors to acquire shares in the business. The organisation said it would allow external parties to make minority investments without gaining controlling authority in the new company, named Fifa Forward Enterprise (FFE). Fifa stated on […]

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FIFA’s Growth Plan Unveiled: More Tournaments, Greater Debt, but Women’s Football Left Out

FIFA’s Growth Plan Unveiled: More Tournaments, Greater Debt, but Women’s Football Left Out

The proposal presented to members regarding the sale of the World Cup’s commercial rights says future financial expansion would rely on organizing additional competitions, increasing ticket prices and using debt-based funding. A 25-page presentation called “Fifa Forward Enterprise Member Materials” outlines plans to establish a separate company responsible for Fifa’s commercial activities. Under the proposal, […]

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