FIFA President Gianni Infantino plans to create a $20 billion World Cup spin-off subsidiary and raise $4.2 billion by selling a 25% stake to external investors. UEFA has expressed fury over the commercialization plans, which threaten divisions within world football.
No BS check run yet — press ⚖ to extract this story's claims and verify them against independent sources.
FIFA president Gianni Infantino wants to sell shares in a new World Cup spin-off venture in plans already opening up ruptures in world football, with fury at UEFA.
news.sky.com/story/uefa-f... FIFA aims to create a $20bn (£15bn) subsidiary and sell off a quarter of FIFA Forward Enterprise by raising $4.2bn (£3.16bn) from external investors.