FIFPRO Challenges Football Giants: What’s Really Behind Infantino’s Controversial Proposal?
FIFPRO, the global players’ union, has proposed a joint meeting between FIFA, UEFA, CONMEBOL, the European Club Association (ECA) and the World Leagues Association (WLA) to formally discuss the FIFA Forward Enterprise plan, proposed by Gianni Infantino.
Announced on Tuesady, July 28, FIFA Forward Enterprise would function as a new commercial subsidiary consolidating FIFA’s tournament operations and commercial rights, including those tied to the World Cup and the Club World Cup.
According to valuations from J.P. Morgan, the entity would be worth roughly $20 billion, with FIFA looking to raise up to $4.2 billion by selling minority, non-controlling stakes to outside investors.
Among the private investors reportedly involved is Thrive Eternal, a firm launched by Joshua Kushner. Gianni Infantino has given national federations until September 19 to back the plan, reportedly sweetening the deal with a $40 million incentive for associations that agree to support it.
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