Opposition to FIFA's World Cup private equity plan grows as Asia warns of risks and Europeans meet

Global opposition to FIFA President Gianni Infantino’s plan for selling a stake in World Cup revenue to private investors grew Thursday with Asia’s soccer leader warning members about threats to their own competitions.

The FIFA project would be underwritten by a New York investment vehicle, Thrive Eternal, created by Joshua Kushner, the brother of US President Donald Trump's son-in-law Jared Kushner.

Opposition to FIFA's World Cup private equity plan grows as Asia warns of risks and Europeans meet  Toronto Star

Opposition is growing in the soccer world to a plan by the sport’s governing body, FIFA, to spin off its events, principally the World Cup, as a separate commercial entity and invite investors to take a stake in it. The new company, FIFA Forward Enterprise, has been valued at about $20 billion. FIFA would seek…

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