Daily Post· 1h ago· 1 min read
The Football Association of England and the French Football Federation have expressed their discontent regarding Gianni Infantino's proposal to sell stakes. Both organizations have indicated that they are not aware of any such initiatives and oppose the plans.
Infantino has allegedly given all football associations a deadline of September 19 to endorse his proposal to sell a portion of FIFA to private investors.
His objective is to generate $4.2 billion by offering minority, non-controlling stakes in the Football Forward Enterprise, which oversees the organization's commercial rights, encompassing broadcasting, sponsorships, licensing, and ticketing.
In a statement issued on Wednesday, July 29, the England FA remarked that they have been kept uninformed about the proposal and lacked awareness of it. They have called for transparency from FIFA and stated:
“We were completely unaware…
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