Fifa accused of ‘crossing a line’ over $20bn plan to sell World Cup commercial rights

World governing body set to raise millions from venture Uefa hits out at sale of football ‘soul and governance’ Fifa has announced plans to sell a share of its commercial operations to private investors, a deal that would include the media and sponsorship rights of all its competitions, including the World Cup. The world governing body is working with US bank JPMorgan on setting up a new entity – to be called Fifa Forward Enterprise (FFE) – that would raise hundreds of millions of dollars by…