{"id":287424,"date":"2026-07-29T11:57:13","date_gmt":"2026-07-29T07:57:13","guid":{"rendered":"https:\/\/abcmedia.am\/?p=287424"},"modified":"2026-07-29T13:21:31","modified_gmt":"2026-07-29T09:21:31","slug":"new-controversy-involving-trump-and-infantino-as-fifa-unveils-plan-to-sell-world-cup-stakes-to-investors","status":"publish","type":"post","link":"https:\/\/abcmedia.am\/en\/news\/287424\/","title":{"rendered":"New controversy involving Trump and Infantino as FIFA unveils plan to sell World Cup stakes to investors"},"content":{"rendered":"\n

FIFA President Gianni Infantino’s plan to create a $20 billion (€17.5 billion) company running the World Cup with private investors – including the family of US President Donald Trump’s son-in-law Jared Kushner – was announced on Tuesday, and immediately attacked by European football governing body UEFA, Euronews<\/a> writes.<\/p>\n

Infantino plans to form a commercial subsidiary, which would be called “FIFA Forward Enterprise” (FFE), running competitions like the World Cup and Club World Cup.<\/p>\n

FIFA said in a statement FFE would raise up to $4.2 billion later this year to help fund development programs “based on an initial equity valuation of $20 billion by carefully selecting long-term investors who will purchase minority, non-controlling interests.”<\/p>\n

FIFA is working with the New York-based JP Morgan while intended investors include Thrive Eternal launched by Joshua Kushner, whose brother Jared is married to Ivanka Trump, daughter to the US president.<\/p>\n

The initiative, announced on Tuesday, was immediately met with strong criticism from UEFA.<\/p>\n

“This crosses a line that football’s governing institutions should never cross. UEFA takes it extremely seriously. So should every National Football Association,” UEFA said.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"

FIFA President Gianni Infantino’s plan to create a $20 billion (€17.5 billion) company running the World Cup with private investors – including the family of US President Donald Trump’s son-in-law Jared Kushner – was announced on Tuesday, and immediately attacked by European football governing body UEFA, Euronews writes. Infantino plans to form a commercial subsidiary, […]<\/p>\n","protected":false},"author":7,"featured_media":287397,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[2,35,43,47,55],"tags":[],"class_list":["post-287424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-politics","category-world","category-society","category-sport"],"acf":[],"_links":{"self":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/287424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/comments?post=287424"}],"version-history":[{"count":1,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/287424\/revisions"}],"predecessor-version":[{"id":287425,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/287424\/revisions\/287425"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media\/287397"}],"wp:attachment":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media?parent=287424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/categories?post=287424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/tags?post=287424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}