FIFA plans $4.2 billion stake sale in tournament operations

Yahoo Sports1 min read • Latest: Jul 28, 2026, 5:04 PM

Last updated Jul 28, 2026

FIFA plans $4.2 billion stake sale in tournament operations
Summary

FIFA announced its intention to create a semi-private subsidiary, FIFA Forward Enterprise (FFE), to sell a stake in its tournament operations, including the World Cup. The organization seeks to raise $4.2 billion by inviting long-term investors to purchase minority, non-controlling interests, while retaining sole control over governing football. UEFA has expressed strong opposition to the plan, arguing it undermines football's governance and could lead to financial conflicts of interest. Discussion with potential investors, including Joshua Kushner and JP Morgan Chase, has reportedly begun. FIFA aims to provide each of its 211 member associations the opportunity to purchase a stake of $20 million in FFE.

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By the Numbers
  • FIFA intends to sell a stake in tournament operations for $4.2 billion.
  • The new subsidiary will be called FIFA Forward Enterprise (FFE).
  • UEFA opposes the plan, citing governance concerns.
  • Potential investors include Joshua Kushner and JP Morgan Chase.
  • FIFA plans to offer each member association a $20 million stake.
Latest Updates
  • 8:41 PMYahoo SportsFIFA says it hopes to sell $4.2bn stake in its tournaments
  • 4:03 PMYahoo SportsFIFA wants to sell World Cup stakes to investors
What they're saying
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FIFA said Tuesday it plans to sell a stake in the business operations of the World Cup and its other competitions through the creation of a semi-private subsidiary.The Times speculated that the creation of FFE could have an impact on the World Cup and the Club World Cup.

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FIFA says it aims to raise $4. 2 billion this year via a new company for its commercial and event operations such as the World Cup to expand development funding, with the help of private investors who can acquire minority stakes in the new entity.

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