Gianni Infantino sets deadline for federations to approve World Cup stake plan
FIFA president Gianni Infantino is proposing to sell a minority stake of up to 20% in a new commercial subsidiary (modeled by Formula One) that would run the World Cup and other tournaments. 🧵
External investors — backed by Joshua Kushner's Thrive Capital (Jared’s younger brother) — would own up to 20%. Infantino set a September 19 deadline offering member federations up to $40M in funding if they approve.
Let me guess. The new co-owner will rhyme with "Dasha".
Is there any way to invade Infantino and liberate football?
why would you sell off the one asset you have? Instead of getting 100% of the profits, you have to share with an entity that is going to demand more and more over time.
So I asked Canada Soccer what they think of Gianni Infantino's idea and they basically said "uh we just got it so we need to think a little first" theprovince.com/sports/socce...