FIFA's Kushner-backed World Cup plan draws UEFA ire

1 min read
Source: CNN
FIFA's Kushner-backed World Cup plan draws UEFA ire
Photo: CNN
TL;DR Summary

FIFA unveiled a plan to run the World Cup and related events through a private entity, FIFA Forward Enterprise (FFE), funded by private investors and valued at about $20 billion. The scheme would raise up to $4.2 billion for development, with investors including Thrive Eternal founded by Joshua Kushner, amid scrutiny given Kushner-Trump ties. UEFA condemned the move, arguing football governance cannot be sold, while FIFA would retain control of regulations and competitions; 211 member federations could access up to $20 million through a new FIFA Fast-Forward program. The proposal echoes earlier privatization efforts and has implications for future World Cups and governance.”

Share this article

Reading Insights

Total Reads

0

Unique Readers

7

Time Saved

195 min

vs 196 min read

Condensed

100%

39,191103 words

Want the full story? Read the original article

Read on CNN