JPMorgan faces backlash over FIFA stake sale plans amid criticism
Yahoo Sports • 1 min read • Latest: Jul 30, 2026, 5:30 PM
Last updated Jul 30, 2026
JPMorgan advises FIFA on a controversial plan to sell a stake in a new entity for its commercial assets, aiming to raise $4.2 billion. This deal would increase funding for FIFA's 211 member nations to $20 million annually. However, UEFA has threatened to boycott the World Cup if the plan proceeds, complicating its approval process. This follows the bank's prior involvement in the failed European Super League project and other contentious sports financing moves.
- •JPMorgan aims to raise $4.2 billion for FIFA through a stake sale.
- •Funding for member nations would increase from $8 million to $20 million annually.
- •UEFA threatens to boycott the World Cup in response to the proposed sale.
- •JPMorgan was involved in the failed European Super League project in 2021.
- •Previous JPMorgan financing has led to controversy in multiple sports.
- 5:30 PMYahoo Sports — Four times JPMorgan meddled with sport and got it badly wrong amid FIFA stake sale backing
"You know they say you’re never further than six feet from a rat? It’s a similar story with JPMorgan and corporate finance in football. The world’s largest investment bank is advising FIFA on its controversial plans to sell a stake in a new entity housing its commercial assets, a move which the governing body – which for 122 years has been a non-profit – hopes can raise at least $4.
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