FIFA wants $4.2bn from investors led by Josh Kushner’s Thrive Eternal. UEFA says the game is not FIFA’s to sell, and European nations discuss a boycott
FIFA has confirmed plans to sell minority stakes in a new commercial subsidiary controlling the men’s and women’s World Cups, sparking immediate opposition from UEFA. The proposed $20bn deal involves investors, including Josh Kushner’s Thrive Eternal, with FIFA seeking $4.2bn from them. However, UEFA strongly opposes the move, stating that FIFA lacks the authority to sell stakes in these prestigious tournaments. European nations are even contemplating a boycott in response to FIFA’s initiative.
