FIFA proposes controversial plan to invite private investment

FIFA has announced a controversial proposal to create a subsidiary, FIFA Forward Enterprise, to attract private investors, aiming to raise $4.2 billion out of a potential $20 billion valuation. FIFA president Gianni Infantino emphasized that investors will hold only minority stakes and will not influence operational decisions. However, concerns about profit prioritization and reduced transparency have sparked backlash, particularly from UEFA, which called the plan a dangerous precedent. Infantino is seeking support from FIFA's 211 member associations, promising financial incentives if they back the initiative by September 19.

• 2:51 PMYahoo Sports — The controversial FIFA proposal shaking the soccer world, explained