FIFA Plans to Sell World Cup Assets | Auckland News

FIFA is poised to shake up football’s financial landscape by spinning off a new $20 billion venture, FIFA Forward Enterprise, to attract $4.2 billion in outside investment—while retaining full control over sports governance. Though reports hinted at President Gianni Infantino potentially leading the new entity post-term, FIFA denies any such talks. The move has sparked outrage, with UEFA calling it a betrayal of football’s soul and former president Sepp Blatter labeling it deeply damaging. FIFA insists member associations can each buy a $20 million stake, and the plan, pending council and majority approval, aims to supercharge global development funding over the next four years. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/200b508eb744ffcc