FIFA Faces Opposition Over Proposal to Sell World Cup Stakes

FIFA President Gianni Infantino has set a September 19 deadline for the 211 member federations to accept $20 million offers as part of a plan to sell stakes in the World Cup to private investors. This initiative involves creating a $20 billion FIFA subsidiary with 20% ownership by private investors, including interests from Joshua Kushner’s firm. UEFA has voiced strong opposition, planning an emergency meeting of its 55 members to discuss the proposal.

Infantino’s plan aligns with his previous political associations by creating the FIFA peace prize and engaging U.S. President Trump in soccer affairs. FIFA promised member federations $20 million funding upon approval of the plan, compared to a previously promised $10 million if rejected. UEFA has criticized FIFA’s methods, suggesting the hurried deadline reflects negatively on the project.

The plan faces resistance from soccer organizations and governments, including British Prime Minister Andy Burnham, who expressed concerns over selling aspects of the World Cup to investors. This mirrors opposition to the controversial European Super League proposal that sought to change major soccer competitions.

Despite the criticism, Infantino seems positioned to secure re-election as FIFA president, unopposed for a fourth term until 2031. However, dissatisfaction with his leadership mounts, especially as the election challenge deadline looms in November.