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FIFA president Gianni Infantino’s plan to sell a 21% stake in a new commercial entity has drawn fierce resistance from UEFA, CONCACAF, AFC and other key bodies, jeopardizing the future of the sport’s flagship competitions.
FIFA chief Gianni Infantino has unveiled a $4.2 billion private investment scheme that would hand control of the sport’s lucrative revenues to a new commercial arm, sparking opposition from UEFA, rival federations and a coalition of investors.
UEFA warns that if FIFA proceeds with a $20 billion spin‑off of its commercial arm, all European national teams will refuse to compete in any FIFA‑sanctioned tournament, a stance that could derail the 2030 World Cup.
FIFA President Gianni Infantino's plan to raise $4.2 billion by selling stakes in future World Cup revenues has ignited a firestorm, drawing condemnation from UEFA, resignations of senior officials and raising questions about the sport's governance.
FIFA plans to offload a 21 percent stake in FIFA Forward Enterprises, aiming to raise $4.2 billion for a major expansion of development funding across its 211 member nations.