World Cup Drama Erupts: CONCACAF and UEFA Unite Against FIFA’s Controversial Sell-Off Scheme
A majority stake in the company would be owned by FIFA, with private investors taking on around 20 to 30 per cent and the member nations each possessing a small stake. The plan is reported to have already been discussed among senior FIFA officials and potential stakeholders.
Persons close to the current US presidential administration are reported to have been consulted regarding the scheme and, following initial reports, FIFA confirmed to The Times that the plan is under consideration, with Joshua Kushner — brother of Donald Trump’s son-in-law Jared — the proposed lead investor. American multinational banking firm JP Morgan has also been floated as a potential investor.
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