Yahoo Sports· 1h ago· 1 min read
Topline A controversial plan by FIFA President Gianni Infantino to sell up to a 20% stake in the World Cup will need the “yes” votes of 106 teams to become a reality, but 55 European members have already said they’re firmly against the proposal and dozens more say they have serious concerns—muddying the path to a majority.
Gianni Infantino, president of FIFA, at the 2026 World Cup.
FIFA via Getty Images Key Facts FIFA has said it plans to raise an estimated $4.2 billion this year by selling a reported 20% minority stake in a new subsidiary—called FIFA Forward Enterprise—at an equity valuation of $20 billion.
The deal has drawn significant criticism from soccer fans, analysts and other governing bodies, who say the sport " is not FIFA's to sell " and have said they worry investors could create pressure to maximize revenue.
The process itself has also infuriated soccer confederations,…
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