heavy.com·4 min read·hard
Infantino FIFA Privatization Plan Failure Explained
N
Nestor Quixtan
✦AI Summary
FIFA President Gianni Infantino proposed a plan to allow private investors to take a 20% stake in a new entity, 'FIFA Forward Enterprise,' to help fund World Cup costs. The plan faced criticism as it threatened to divert profits away from member federations.
FIFA President Gianni Infantino had a plan in mind: To “sell” stakes in the 2030 World Cup. In other words, the plan was to privatize football’s biggest event by allowing individual investors to stake a claim on the tournament.
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