29% of Borno school teachers may quit over stress — Report Four suspected cultists arrested in Edo FG unveils committee to tackle rejection of farm exports Building collapse: Nigeria records over 1,600 deaths, 650 incidents in 52 years — FG NDLEA nabs two suspects with 1,359kg cannabis in Edo Benue taking steps to prevent flooding, says commissioner BREAKING: Oyo receives two surveillance aircraft FG pegs housing deficit at 15m units Data commission issues fresh registration directive following court victory APC inaugurates Osun campaign council, declares election ‘must-win’29% of Borno school teachers may quit over stress — Report Four suspected cultists arrested in Edo FG unveils committee to tackle rejection of farm exports Building collapse: Nigeria records over 1,600 deaths, 650 incidents in 52 years — FG NDLEA nabs two suspects with 1,359kg cannabis in Edo Benue taking steps to prevent flooding, says commissioner BREAKING: Oyo receives two surveillance aircraft FG pegs housing deficit at 15m units Data commission issues fresh registration directive following court victory APC inaugurates Osun campaign council, declares election ‘must-win’

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FIFA aims to raise billions by selling stake to private investors

Y

Yahoo Sports· 1h ago· 1 min read

FIFA is aiming to sell a significant minority stake to private investors, forming a new commercial entity valued at $20 billion.

In a press release , FIFA confirmed that it is "exploring the concept of bringing together FIFA’s commercial rights – spanning broadcast, sponsorship, ticketing, and licensing – with the operational delivery of FIFA tournaments through the creation of FIFA Forward Enterprise (FFE)."

FIFA said it was aiming to initially raise $4.2 billion for FFE, which would be based on a $20 billion valuation. Per Reuters , the external investors would have as much as a 20% stake in FFE.

The global governing body insisted, though, that FFE would be a subsidiary of FIFA, and not part of FIFA itself. Additionally, FIFA would control operations of FFE.

"Outside investors will have only a minority stake in FFE and will not play any operational role," FIFA said.

FIFA said…

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