Latest / Edmonton News Today | 2 Min News | The Daily News Now!
UEFA Threatens Exit Over FIFA’s Private Sale Plan | Edmonton News
UEFA is poised to boycott all FIFA tournaments—including the World Cup—if FIFA’s controversial plan to sell minority stakes in the World Cup to private investors moves forward. The proposal, backed by venture capitalist Joshua Kushner and advised by J.P. Morgan, aims to raise billions through a new entity called FIFA Forward Enterprise. This isn’t the first time FIFA president Gianni Infantino has pushed such a deal—his 2018 attempt with a Japanese firm collapsed amid fierce UEFA opposition. UEFA, representing 55 nations, has unanimously rejected the plan, calling the World Cup a sporting…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.