The story so far
FIFA World Cup Stake Sale Backlash
Tracked across 5 sources · Updated 1h ago
FIFA's plan to sell a minority stake in a new commercial subsidiary for World Cup rights has triggered widespread opposition. UEFA, CONCACAF, and AFC have threatened boycotts. A senior advisor resigned in protest, and FIFA has defended the proposal but faces unprecedented unity among confederations.
How it unfolded
5h ago
FIFA's $20 billion stake sale plan collapses
1d ago
Leaked document reveals 64-team World Cup plan
1d ago
FIFA senior advisor Carlos Cordeiro resigns in protest
1d ago
AFC backs UEFA and CONCACAF opposition
2d ago
CONCACAF rejects FIFA's private equity plan
2d ago
UEFA announces boycott threat over FIFA investment plan
3d ago
FIFA sets September 19 deadline for $20M offer to members
What happened earlier
Latest updates
Latest
Full story →FIFA abandons $4.2-billion World Cup stake sale plan after global backlash
FIFA President Gianni Infantino announced the withdrawal of a plan to sell a ~20% stake in a new commercial entity, FIFA Forward Enterprise (FFE), which would have raised up to $4.2 billion.
The plan faced opposition from UEFA, CONCACAF, and the Asian Football Confederation (AFC), representing 143 of FIFA's 211 member associations.
Senior adviser Carlos Cordeiro resigned, calling the proposal 'a bad deal for football,' and COO Kevin Lamour told staff they had been 'deceived' by Infantino.
Child's purpose: the plan aimed to fund global football development, offering $40 million to each member association if approved by September 19.
Infantino said he will seek other ways to strengthen the global game, especially in developing nations.
Earlier · 3d ago
Full story →Infantino Sets Deadline For FIFA Offer To Members In World Cup Investor Plan
FIFA President Gianni Infantino set a September 19 deadline for member federations to accept a $20 million offer.
The offer is part of a project to sell stakes in the World Cup to investors.
The proposal involves all 211 FIFA member associations.
Infantino made the announcement on Wednesday.
The plan aims to raise funds through World Cup equity sales.
Earlier · 2d ago
Full story →'An Opportunity Not An Obligation': Chief Gianni Infantino On FIFA Stakes Selling Proposal
FIFA president Gianni Infantino said the proposed private subsidiary for World Cup commercial rights is an opportunity, not an obligation.
The subsidiary would sell stakes to investors to exploit the commercial benefits of the World Cup.
Infantino made the statement on Wednesday regarding the proposal.
Earlier · 2d ago
Full story →FIFA faces backlash over private investment plan
FIFA announced plans to raise $4.2bn by selling stakes in future tournaments to private investors.
FIFA plans to create a subsidiary, FIFA Forward Enterprise (FFE), valued at $20bn, to consolidate commercial operations.
Joshua Kushner, founder of Thrive Capital, is in talks to lead the funding round.
UEFA protested that the game is not FIFA's to sell and may boycott future World Cups if the plan proceeds.
Critics have raised concerns due to Joshua Kushner's family connection to President Donald Trump.
Earlier · 2d ago
Full story →UEFA to boycott FIFA World Cup over plan to sell stakes in tourneys
