Infantino abandons plan to sell stakes in World Cup

Yahoo Sports1 min read • Latest: Jul 31, 2026, 11:29 PM

Last updated Jul 31, 2026

Infantino abandons plan to sell stakes in World Cup
Summary

FIFA President Gianni Infantino announced he will not proceed with the proposal to sell a 20% stake in FIFA Forward Enterprise to outside investors. This decision, made after feedback from soccer officials, aims to unify stakeholders rather than create divisions. Infantino emphasized the intent to grow football globally, particularly in regions needing support. Details surrounding the initial proposal by Thrive Eternal, led by Joshua Kushner, remain undisclosed as FIFA has not commented further.

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Status Watch
  • Infantino's $20 billion FIFA Forward Enterprise plan is halted.
  • Proposal faced significant criticism from soccer community.
  • FIFA aims to foster growth in underserved regions.
  • Initial investors were not disclosed after the decision.
  • Further discussions among stakeholders are expected soon.
Latest Updates
  • 11:29 PMYahoo SportsInfantino Calls Off Plan to Sell Stakes in World Cup
What they're saying
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Soccer officials inside and outside FIFA strongly criticized the proposal.

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