Gianni Infantino tells FIFA members to agree to World Cup plan or miss $40m in funding

FIFA president Gianni Infantino has sent a letter to all 211 member federations setting a September 19 deadline to approve his proposed private investment plan, which would grant each association access to up to $40 million in funding. The plan involves creating a $20 billion FIFA subsidiary, 20% owned by private investors including Thrive Capital (founded by Joshua Kushner), to run FIFA competitions and events such as World Cups; approval would unlock a $10 billion funding package compared to $2.7 billion if rejected. The proposal has faced backlash, with UEFA reportedly considering options including a potential World Cup boycott over concerns about a lack of consultation and governance.