Pinnick backs FIFA proposal to sell stake in World Cup operations

Former NFF President Amaju Pinnick supports FIFA’s proposal to sell a 20% stake in the FIFA World Cup, citing potential revenue benefits for member associa

“‘Once I get elected, you will now start receiving $1.25 million.' I said, 'That is a big lie. ' Where do you want to get the money from? He said, 'We did it in UEFA. We turned UEFA around, and we can also do it in FIFA. I have seen my books and consulted.' When he got elected, he immediately started paying $1.25 milli

FILE PHOTO: Soccer Football - FIFA World Cup 2026 - FIFA World Cup 2026 Draw - John F. Kennedy Center for the Performing Arts, Washington, D.C., U.S. - December 5, 2025 FIFA President Gianni Infantino arrives on the red carpet ahead of the FIFA World Cup 2026 Draw REUTERS/Brian Snyder/File Photo 30 Jul 2026 03:31AM Jul

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.