Global concern over FIFA's World Cup investment plan
Headline from CBS News, on the newest of 6 developments
Global soccer organizations are scrutinizing FIFA's World Cup privatization plan, which could attract up to $20 billion in investment. CBS News' Nicole Valdes reports.
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European football's governing body Uefa reacts furiously to proposals from Fifa to seek private investment in its competitions, including the World Cup.
GENEVA (AP) — FIFA President Gianni Infantino’s plan to create a $20 billion company running the World Cup with private investors including the Kushner family was announced Tuesday — and immediately attacked by European soccer body UEFA. “It is not FIFA’s to sell,” UEFA said in a statement.
World governing body set to raise millions from venture Uefa hits out at plan and could take legal action over it Fifa has announced plans to sell the commercial rights to its tournaments, including the World Cup, to private investors in a controversial move that triggered an immediate backlash from…
FIFA confirmed plans to raise $4.2 billion for a new entity controlling the nonprofit’s “commercial and event operations” at a $20 billion equity valuation.
FIFA has announced plans to form a commercial subsidiary and to sell a non-controlling interest to private investors. It needs approval from member associations, but is claiming that it will benefit them financially.
European soccer body EUFA says sport's top tournament 'not FIFA's to sell' after Gianni Infantino reveals plan to hand over operations to body he could reportedly lead
Gianni Infantino is under fire from Uefa over plans to sell off commercial rights for the tournament but he says they are ‘about the democratisation of football worldwide’ A week after the World Cup finished, Fifa has yet to announce whether Argentina will be punished for the violence seen on the pi…
The outline of Tuesday’s surprise announcement was, FIFA said, detailed by FIFA President Gianni Infantino to members who met in Manhattan on July 18 ahead of the World Cup final.
FIFA has a complex plan to sell chunks of its commercial rights to the World Cup to minority investors, including a firm run by Joshua Kushner, the brother of Jared Kushner.
The proposal to spin off the commercial rights to the World Cup and other competitions into a semi-private company has triggered a fierce backlash, with critics warning it could create conflicts between investors' profit motives and FIFA's role as the sport's regulator.
FIFA President Gianni Infantino holds the trophy at full-time following the FIFA World Cup 2026 Final match between Spain and Argentina at New York New Jersey Stadium on July 19, 2026 in East Rutherford, New Jersey.
Gianni Infantino is accused of trying to sell "the soul of football" over plans to sell a minority stake in the commercial business behind the Cup, with Joshua Kushner's investment company leading the search.
Controversial plans to sell stakes in the FIFA World Cup to private investors have sparked a furious response from football authorities and politicians. UEFA, the body that governs European football, took the unprecedented step of releasing a statement condemning FIFA’s plan, which involves creating…
FA in talks with other European associations Options include boycott and potential breakaway Members given 19 September deadline to opt in The Football Association has joined Uefa in condemning Fifa’s plan to sell off stakes in the World Cup to private investors.
CONCACAF followed UEFA on Wednesday by criticising FIFA's controversial plans to sell a stake in the business operations of the World Cup and its other competitions through the creation of a semi-private subsidiary.
European football has shown an increased willingness to talk tough with Fifa but words can only be wielded so many times • FA joins criticism of Fifa plan to sell off World Cup stakes As the World Cup neared its conclusion one leading figure in European football pondered how Gianni Infantino might a…
A plan to open the biggest sporting tournament, in part, to private investors has drawn widespread backlash from soccer associations and politicians around the world.
GENEVA (AP) — FIFA President Gianni Infantino set a Sept. 19 deadline on Wednesday for the 211 member federations to accept a one-off $20 million offer to each underwritten by the investment firm of Jared Kushner’s brother as part of a project to sell stakes in the World Cup.
Opposition is growing in the soccer world to a plan by the sport’s governing body, FIFA, to spin off its events, principally the World Cup, as a separate commercial entity and invite investors to take a stake in it. The new company, FIFA Forward Enterprise, has been valued at about $20 billion.
FIFA said Tuesday it plans to sell a stake in the business operations of the World Cup and its other competitions through the creation of a semi-private subsidiary. The decision marks a dramatic attempt to reshape the commercial landscape of global football, while opening a new front in a long-runni…
