FIFA proposes $20 billion World Cup commercial rights sale

FIFA announced plans to sell significant stakes in World Cup commercial operations to private investors, including media and sponsorship rights, in a deal valued at approximately $20 billion. UEFA and critics accused FIFA of "crossing a line" and selling the soul of football.

18 reports · 14 independentother · anglo · us_mainstream · international

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FIFA seeks $4.2 billion World Cup stake sale

kite:worldother62d ago wire ×2 kagi ↗

FIFA announced a plan Tuesday to create FIFA Forward Enterprise, a FIFA-owned commercial subsidiary that would run business operations for major competitions, including the World Cup and Club World Cup. FIFA would sell minority, non-controlling stakes in the venture to private investors [bbc.co.uk#1][aljazeera.com#1][dw.com#1][thenationalnews.com#1]. FIFA said the venture would seek to raise up to

Co-sign our letter: Tell FIFA the World Cup isn’t for sale

stream:bsky-jetstreamother61d ago kagi ↗

Football belongs to the fans, not private investors. If you agree, add your name to this letter telling FIFA that the World Cup is not for sale. party.coop/campaign/fif... FIFA is planning to sell stakes in the World Cup to private investors. Tell President Infantino now that football belongs to the fans – and the World Cup isn't for sale.

FIFA seeks $4.2 billion for World Cup subsidiary

kite:economyother61d ago kagi ↗

FIFA President Gianni Infantino is seeking support for FIFA Forward Enterprise, a new commercial subsidiary that would consolidate FIFA’s commercial rights and event operations for competitions including the men’s and women’s World Cups and the Club World Cup [rsi.ch#1][cbssports.com#1][deccanchronicle.com#1][abc.net.au#1]. FIFA said the company would be valued at about $20 billion and could raise

FIFA’s $4.2bn World Cup stake sale: Who will invest? Who is the money for? Who could stop this? (Gift Article)

stream:bsky-jetstreamother61d ago kagi ↗

Here’s our go at an FAQ document on Gianni Infantino’s latest wheeze: 💰 Who’s going to invest in this & why? 🤑 Who’s Joshua Kushner? 👑 Why does Infantino want this? ⚽️ What’s all this cash for? 🇪🇺 Who can stop this…& will they? Unlike FIFA, this one’s free… www.nytimes.com/athletic/747... World football's governing body could sell a percentage of a new subsidiary that "consolidates FIFA's com

UEFA Nations Officially Withdraw from FIFA Tournaments Over Rights Sale UEFA has officially responded to FIFA and its president Gianni Infantino’s plans to sell portions of the World Cup rights to pri

mastodon:mstdn-socialother61d ago kagi ↗

UEFA Nations Officially Withdraw from FIFA Tournaments Over Rights Sale UEFA has officially responded to FIFA and its president Gianni Infantino’s plans to sell portions of the World Cup rights to private investors. On the official UEFA website, a statement was released on behalf of its 55 member associations: "UEFA and all 55 of its member associations stand united. We un... # FIFA # UEFA # World

FIFA's $20bn World Cup gambit: Private equity, profiteering 'against real essence of football'

rss:france24international60d ago kagi ↗

Oliver Farry is pleased to welcome James Reade, Professor of Economics at the University of Reading. He argues that FIFA's reported proposal of private equity involvement in the FIFA World Cup represents far more than a financial restructuring. It raises fundamental questions about ownership, governance, and the very purpose of football's most iconic competition. Reade suggests that introducing pr