FIFA plans sell-off of stakes in major competitions amidst funding debates

FIFA announced plans to create a private company to manage its major events, including the World Cup, inviting external investors to buy shares. A football finance expert noted that this could significantly boost funding for smaller nations, with reported annual payments increasing to $20 million. The proposals follow record revenues from this summer’s tournament in North America, which amassed $15 billion, up from $8 billion in Qatar 2022. However, these plans have faced criticism, particularly from UEFA. Experts suggest the proposals could lead to an expanded World Cup and possibly revitalize discussions for a biennial tournament, but significant concerns over player welfare and the football calendar persist.

• 2:03 PMYahoo Sports — Expert: FIFA sell-off plans could win support from smaller nations