Ex-FIFA chief Blatter blasts plan to sell stake in World Cup to investors

FILE PHOTO: Former FIFA President Sepp Blatter arrives at the Swiss Federal Criminal Court in Bellinzona, Switzerland July 8, 2022. REUTERS/Arnd Wiegmann/File Photo 29 Jul 2026 10:14PM ZURICH, July 29 : Former FIFA President Sepp Blatter on Wednesday slammed the football governing body's plans to create a $20 billion s

Ignore the outcry, Fifa’s plans to sell a minority stake in the World Cup will make international football more transparent and accountable and raise huge sums to develop the game, says Chad Teixeira Football’s governing bodies agree on almost nothing, so when UEFA announces that the World Cup “isn’t Fifas to sell”, it

FIFA has told member associations they will each receive $40 million if they back a plan to sell stakes in major competitions -- but they must sign up by September 19.

FIFA has told member associations they will each receive $40 million if they back a plan to sell stakes in major competitions -- but they must sign up by September 19.

A plan to open the biggest sporting tournament, in part, to private investors has drawn widespread backlash from soccer associations and politicians around the world.

EUROPEAN countries could boycott the World Cup if Fifa's president decides to flog a chunk of the federation. Gianni Infantino is plotting to launch a sister company and sell stakes to private investors, it emerged on Tuesday. The outlandish scheme would see Fifa Forward Enterprise govern the World Cup and Club World C

Controversial plans to sell stakes in the FIFA World Cup to private investors have sparked a furious response from football authorities and politicians. UEFA, the body that governs European football, took the unprecedented step of releasing a statement condemning FIFA’s plan, which involves creating a new entity that w

Tuesday’s announcement produced a furious response from UEFA.

Association was unaware of Infantino’s plans ‘We are deeply concerned by the lack of due process’ Concacaf has joined Uefa in criticising Fifa’s plan to sell off stakes in the World Cup to private investors. In a strongly worded statement the Confederation of North, Central America and Caribbean Association Football

The Football Association has said it is "deeply concerned" by FIFA's plan to sell stakes in its competitions.

The new initiative is the second time Infantino has attempted to privatise football assets, with the first being in 2018 where the FIFA chief proposed a multi-billion dollar project to create more global competitions, funded by private investors.

Fifa's Infantino plans to sell stakes in World Cup  thenationalnews.com

Football's world governing body announces plans to sell stakes of up to 20 percent in the World Cup and other events.

The body is looking to capitalize on the lucrative men’s World Cup this year.

“The World Cup is not a product,” said Britain's prime minister. "Once you have sold a piece of it, you have sold out.”

An investment vehicle founded by Joshua Kushner, the brother of Jared Kushner, US President Donald Trump’s son-in-law, is expected to be a lead investor.

An investment vehicle founded by Joshua Kushner, the brother of Jared Kushner, US President Donald Trump’s son-in-law, is expected to be a lead investor.

FIFA aims to raise billions by selling stake to private investors  USA Today

Mr Burnham has joined criticism of the proposal, writing the ‘World Cup is not a product’

He's just presided over a World Cup regarded as the most commercialised in history.

FIFA says it hopes to sell $4.2bn stake in its tournaments  Dawn

The proposal has been widely criticized, with European soccer's governing body UEFA saying it "crosses a line."

Here's what to know about the controversial proposal that raises questions about the future of the World Cup

FIFA has announced plans to form a commercial subsidiary and to sell a non-controlling interest to private investors. It needs approval from member associations, but is claiming that it will benefit them financially.

UEFA strongly criticises FIFA's ambitious plan to create a new commercial company. This new entity aims to manage major football tournaments and seek private investment. UEFA declares that football's governing institutions have crossed a dangerous and unacceptable line. The European body questions the transparency and

Gianni Infantino stands to make millions if he's able to complete a deal.

UEFA have hit out at FIFA's plans to sell stakes linked to the World Cup to private investors.

FIFA is planning to sell a significant minority stake in a new commercial entity with a valuation of about €17.5 billion ($20 billion).