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Euronews
Euronews
Malek Fouda

UEFA issues angry response to FIFA boss Infantino's plan to sell World Cup stakes to investors

Fifa Gianni Infantino UEFA Champions League World Cup Football Donald Trump Ivanka Trump Jared Kushner Mohammed bin Salman FFE

FIFA President Gianni Infantino’s plan to create a $20 billion (€17.5 billion) company running the World Cup with private investors – including the family of US President Donald Trump’s son-in-law Jared Kushner – was announced on Tuesday, and immediately attacked by European football governing body UEFA.

Infantino's plans to form a commercial subsidiary, which would be called “FIFA Forward Enterprise” (FFE), running competitions like the World Cup and Club World Cup was first reported by The Times of London.

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