Yahoo Sports· 2h ago· 1 min read
FILE PHOTO - Volunteers carry the FIFA logo onto the field prior to the start of the 2026 FIFA World Cup group E soccer match between Ecuador and Germanyat the New York-New Jersey Stadium. Tom Weller/dpa FIFA said on Tuesday it wants to run the World Cup and other events with a new $20 billion company set up with the help of private investors.
The governing body said it aims to raise $4.2 billion this year via a new entity FIFA Forward Enterprise (FFE) for its commercial and event operations such as the World Cup to expand development funding.
The issue was first reported by The Times and Financial Times and drew instant sharp criticism from European body UEFA which insisted: “None of us are the owners of football. It is not FIFA’s to sell."
a FIFA statement said that private investors can acquire minority stakes in the new entity for an expected $20 billion to help generate more…
Continue reading at Yahoo SportsDiscussion
Be the first to comment.
Never miss a headline
Get breaking Nigerian and world news straight to your inbox.
Related Articles
Steelers CB Joey Porter Jr. joins Jalen Ramsey on PUP list to begin training camp
2m ago
Read More
Magnificent Mandhana powers Super Giants to win over Sunrisers
28m ago
Read MoreStockton Ports to bring new postgame show on Friday
3m ago
Read More
Which QB will finally topple Norm Van Brocklin’s record?
4m ago
Read MoreBears GM Ryan Poles discusses possible extension for Darnell Wright
5m ago
Read MoreEagles set to make Jalen Carter highest-paid defensive tackle in NFL, AP source says
5m ago
Read MoreLatest in Sports
Vikings sign star offensive tackle Brian O'Neill to an extension
Yahoo Sports · 7m ago
Notts stay unbeaten, Lancs win again in One-Day Cup
Yahoo Sports · 7m ago
CBS Sports' biggest question for Kyle Whittingham and Michigan football
Yahoo Sports · 7m ago
Sparks resume season against Liberty at home as they retire Milton-Jones' jersey
Yahoo Sports · 8m ago
PGA Tour adding tournaments to lucrative Championship Series, Tiger Woods within reach on money list
Yahoo Sports · 8m ago
Ferrari Tests Mercedes’ Clever 2026 MGU-K Loophole, But the Risk is Disqualification
Yahoo Sports · 9m ago
Champions League qualifying: Hearts eyeing miraculous comeback against Sturm Graz
Yahoo Sports · 9m ago
Notre Dame & SoFI agree to massive jersey patch deal, tops in NCAA
Yahoo Sports · 9m ago
Most Read Today
FIFA president under fire after letter to Argentina FA leaked
Vanguard · 2d ago
‘Pretty bad’: Lewis Hamilton hits out at Ferrari after dropping points in F1 title race
The Guardian Sport · 2d ago
Troops rescue two kidnap victims in Taraba
Peoples Gazette · 2d ago
LeBron James officially joins 76ers on two-year contract | Report
Yahoo Sports · 2d ago
NNPCL’s N7.1tn question: Why transparency must follow the money
Vanguard · 5d ago
House Democrat calls for congressional hearings on Trump administration’s nuclear deal with Saudi Arabia – as it happened
The Guardian World · 6d ago
Gary Stevenson to quit YouTube channel, citing health concerns
The Guardian Business · 2d ago
US stocks face tests from Fed decision, tech-led earnings deluge
Investing.com · 2d ago