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UEFA blasts FIFA World Cup private investment prop...
UEFA has strongly rejected a FIFA proposal to sell private investment stakes in the World Cup, calling it a line football's governing institutions should never cross and stating the World Cup is 'not FIFA's to sell.' FIFA president Gianni Infantino unveiled plans to create a $20 billion entity called the FIFA Forward Enterprise (FFE), aiming to raise up to $4.2 billion through minority equity stakes, with J.P. Morgan advising and investors including Joshua Kushner's Thrive Eternal. The proposal follows the conclusion of the men's World Cup this month and has drawn scrutiny due to the political connections between the Kushner family and U.S. President Donald Trump.
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