FIFA defends World Cup investment proposal, insists football is not for sale

FIFA has addressed the negative reaction to its plan for private investment in the World Cup and other tournaments, asserting that "nobody is selling football." The organization clarified that it will maintain permanent ownership and authority over the newly created subsidiary. Under the proposal, all 211 member associations are set to get $20 million for development between 2027 and 2030, with an extra $20-million optional program to be supported by outside capital.

by shortkt.com
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FIFA defends World Cup investment proposal, insists football is not for sale | ShortKT