FIFA Races to Launch $20 Billion Commercial Venture, Seeks $4.2 Billion from Private Investors
FIFA is accelerating plans to launch a new $20 billion commercial subsidiary, FFE, with the aim of securing $4.2 billion (£3.1bn) from private investors within the next 100 days. While FIFA President Gianni Infantino says consultations are ongoing, the proposal has already sparked opposition from UEFA and several European football associations.
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