Yahoo Sports· 1h ago· 1 min read
FILE PHOTO - FIFA President Gianni Infantino speaks during the DAZN pre-match interview ahead of the Club World Cup final soccer match between Chelsea FC and Paris Saint-Germain at Metlife Stadium. Sven Hoppe/dpa Britsh Prime Minister Andy Burnham and former FIFA president Joseph Blatter have joined the critics on plans of the ruling football body to set up a private company to run the World Cup and other events.
FIFA announced its plans on Tuesday, saying it was aiming to launch FIFA Forward Enterprise (FFE) to merge the sale of FIFA’s commercial rights with the operational delivery of its tournaments led by the World, which generates the most income for FIFA.
FIFA said that FFE would be open to private investors to acquire minority stakes and valued the entity at $20 billion. FIFA said it wants to generate $4.2 billion this year to distribute among its 211 member federations,…
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