FIFA proposes plan to sell stakes in the World Cup, angering UEFA

Football’s world governing body announces plans to sell stakes of up to 20 percent in the World Cup and other events.Published On 29 Jul 202629 Jul 2026FIFA has proposed a plan to sell stakes in the World Cup and other events to private investors, provoking a furious response from the European football governing body, UEFA.Under the plans announced by FIFA on Tuesday, a $20bn subsidiary would be created to run the World Cup and other events.Recommended Stories list of 4 itemslist 1 of 4A tournament of contradictions: What did we learn at World Cup 2026?list 2 of 4How a 64-team World Cup could transform football’s economicslist 3 of 4‘Whole game at risk’: Norway to complain to FIFA over Balogun sagalist 4 of 4A Game of Double Standardsend of listWorld football’s governing body said it would retain a majority share in the new FIFA Forward Enterprise, offering minority stakes to external investment to raise up to $4.2bn.The plan still needs to be voted on by FIFA’s 211 member nations.If successful, the proposed investor group is expected to be led by a vehicle founded by Joshua Kushner, the brother of US President Donald Trump’s son-in-law, Jared Kushner, FIFA said.UEFA said the propo...