What Trump said about Fifa proposal to sell stake in World Cup
- US President Donald Trump denied discussing FIFA‘s proposals to offer stakes to external investors with Gianni Infantino.
- FIFA intends to create a new $20 billion subsidiary to manage the World Cup and other events, offering up to 20 per cent of its shares to outside investors.
- The proposed investor group is reportedly led by a vehicle founded by Joshua Kushner, brother of Donald Trump’s son-in-law.
- Gianni Infantino faces significant backlash over his privatisation proposals, with UEFA, the Asian Football Confederation, and Concacaf publicly rejecting the plans, alongside internal dissent and a key adviser’s resignation.
- FIFA has also accelerated plans to explore expanding the World Cup from 48 to 64 teams, with an aim to implement this format from the 2030 edition.
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