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The Independent UK
The Independent UK
Sport
Lawrence Ostlere

Fifa boss Gianni Infantino ‘plans to sell World Cup stake’ in deal worth billions

  • Fifa president Gianni Infantino is reportedly planning to sell up to a 20 per cent stake in the men's World Cup entity to external investors, aiming to raise billions of dollars.
  • The proposed scheme, which would see Fifa retain majority control , involves selling portions to its 211 national associations and private investment, with bankers at JPMorgan assisting in the process.
  • Uefa, European football's governing body, has reacted furiously to the reports, stating that the plan "crosses a line that football’s governing institutions should never cross" and criticising the lack of transparency.
  • Joshua Kushner, brother of Jared Kushner (who is married to president Donald Trump’s daughter Ivanka), is expected to be a lead investor through his Thrive Eternal fund.
  • Reports suggest that the plan could potentially position Infantino to become a highly lucrative "commissioner" of the World Cup once his Fifa presidency concludes in 2031.

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