CBC·3 min read·hard
FIFA plan for Kushner-backed $20 billion US operation to run World Cup meets fury from Europe's UEFA
✦AI Summary
UEFA has strongly criticized FIFA's reported plans to create a commercial subsidiary to manage major tournaments like the World Cup with private equity backing. The proposal involves a $20 billion valuation and potential investment from a firm linked to Jared Kushner.
"It is not FIFA's to sell," UEFA said in a statement. "None of us are the owners of football."
sportsbusinesspolitics
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