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.
You do realise that if Infantino gets his way, the FIFA World Cup will be renamed the Trump FIFA World Cup
I think the 'Golden trump Family Peace Prize Billionaire Dictator King of the World Cup' is better. And for an extra million each participant gets a golden ring, golden watch, golden necklace, a ride on the big plane and lunch with a special guest.
Sadly, true. But that world cup won’t have any sense anymore (I mean, let’s face it : it hardly had any this time already…)
I think they’ll have to rebrand it The American Cup since most of Europe, Asia and Africa will hopefully have pulled out of FIFA by then.
Trump Fluffer World Cup seems more appropraite
TIFA, Trump International Football Association!
Trump on FIFA. Just imagine the stink (of corruption of course)
Isn't bribing illegal? 'Fifa president Gianni Infantino has written to all 211 member associations saying they will receive $40m (£30m) if they back his controversial plan to sell off stakes in its major competitions' www.bbc.co.uk/sport/footba...
FIFA is part of the Trump Crime Syndicate now. If laws or regulations get in the way, you either buy the judges or abolish/leave the relevant institution.
It's as if the beautiful game has seen itself as so attractive it can make a fortune out of prostitution.
Jonny Infant Ned’s to be told what is decent and honourable and what isn’t!
There's a reason FIFA is based in Switzerland.🤫
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...