Corporate Finance #fifa#world cup
FIFA abandons $4.2-billion World Cup stake sale plan after global backlash
FIFA has abandoned a plan to raise up to $4.2 billion by selling a 20% stake in a new commercial entity managing the World Cup, following opposition from UEFA, CONCACAF and AFC. The proposal, which would have created a $20-billion subsidiary, was withdrawn by President Gianni Infantino amid internal resignations and political controversy.
Aug 1, 2026 1 source