Infantino sets deadline for $20M offer to members in World Cup investor plan
Infantino set out the “singular and unique funding opportunity” in a letter detailing why he wants to create the $20 billion FIFA subsidiary — 20% owned by private investors — that would run the soccer body’s competitions and events like World Cups and Club World Cups.19 deadline on Wednesday for the 211 member federations to accept one-off $20 million offers as part of a project to sell stakes in the World Cup to private investors.
President Donald Trump: by creating the FIFA peace prize, letting Trump intervene in a process that led to United States forward Folarin Balogun playing at the World Cup, and now trying to lock in Joshua Kushner’s investment firm to a 12-year ownership deal with the Switzerland-based not-for-profit soccer body.
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