FIFA plan for Kushner-backed $20 billion operation to run World Cup meets fury from Europe’s UEFA
GenevaAP — FIFA President Gianni Infantino’s plan to create a $20 billion company running the World Cup with private investors, including the Kushner family, was announced Tuesday — and immediately attacked by European soccer body UEFA.
In 2018, Infantino proposed a secretive $25 billion offer over 12 years with SoftBank of Japan to create new global competitions, including an expanded men’s Club World Cup, seemingly backed by Saudi Arabian money.” Instead of the currently promised $8 million each in development funds through the 2027-30 World Cup commercial cycle, it would be $20 million, then $22 million and $24 million in the following cycles.
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
