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Home»Business News»FIFA’s Plan to Sell World Cup Stakes to Trump Allies Sparks Global Soccer Uproar.
Business News

FIFA’s Plan to Sell World Cup Stakes to Trump Allies Sparks Global Soccer Uproar.

August 1, 20263 Mins Read
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Infantino Scraps Controversial Plan for World Cup Sell-Off Amid Backlash

In a significant turn of events, FIFA President Gianni Infantino announced on Friday that he would abandon his controversial proposal to sell substantial shares in a new World Cup commercial venture to private investors, including Joshua Kushner, brother of Jared Kushner, a former senior advisor to President Trump.

Infantino explained to Sky News, “It has become clear that this project has led to divisions that are not in line with our original objective. Therefore, we will not move forward with this proposal.”

This decision came on the heels of a unanimous threat from the 55 member associations of UEFA, home to football giants like Spain, France, and Germany, who warned they would boycott all FIFA competitions if the plan continued. Such a boycott would have excluded European teams from major tournaments, including the 2030 World Cup in Spain, Portugal, and Morocco, as well as next summer’s Women’s World Cup in Brazil.

UEFA issued a strong statement saying, “The World Cup cannot be treated as an investment product. Football belongs to the sport, not for sale.”

Understanding FIFA’s Investment Proposal

Infantino’s recent financial strategy followed the 2026 World Cup, which reportedly generated $15 billion, exceeding expectations. The FIFA President was keen to capitalize on this success through a new initiative known as FIFA Forward Enterprises (FFE), aimed at overseeing FIFA’s major events, including the World Cup.

Reports indicated that Infantino planned to sell up to a 21% stake in FFE to private investors, with Kushner’s firm leading the charge. Under this vision, FIFA would retain majority control while the anticipated $4.2 billion from investors would be reinvested into global football development.

Critics, however, raised alarms about this direction. They feared that allowing private shareholders within FIFA would fundamentally change the essence of football, prioritizing profit over the sport itself. UEFA highlighted that decisions affecting the game could shift from serving football to serving shareholder interests.

After UEFA’s unanimous objection, Concacaf and the Asian Football Confederation echoed their concerns, stating they would stand in solidarity against Infantino’s approach. Meanwhile, two senior FIFA officials resigned in protest, claiming the plan was misleading and should not proceed.

Political Ties and Future Implications

Infantino’s close relationship with the Trump family added a layer of controversy to the situation. Not only had he shared ties through various ceremonies and events, but speculations arose around ethical concerns regarding the potential business deal with Kushner.

Former FIFA President Sepp Blatter criticized the close dealings between Infantino and Trump, arguing they could harm football’s integrity. Democratic Representative Jamie Raskin expressed concern over FIFA engaging with the Trump family, demanding accountability from Infantino.

Looking ahead, UEFA has made it clear that European teams will not partake in FIFA events until assurances are given against private ownership of competitions. The next FIFA competition is scheduled for September in Poland.

Infantino had set a deadline for FIFA’s member associations to vote on the FFE proposal by September 19, but following the backlash, it may now be off the table. With Infantino’s reelection approaching in March, his future as FIFA President now hangs in the balance as critics question his leadership.

As the football community digests these developments, one thing is certain: the proposed plan’s fallout might echo long into the future of how football clubs operate at a global level.

FIFA Gianni Infantino Joshua Kushner member associations President Trump private investors the world cup UEFA Union of European Football Associations World Cup
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