Pinnick Backs FIFA Plan to Sell 20% Commercial Stake in World Cup

Former Nigeria Football Federation president Amaju Pinnick has backed FIFA President Gianni Infantino’s reported proposal to sell a 20% commercial stake in the World Cup and other FIFA events to private investors. The proposal has drawn criticism, with UEFA and several European football associations reportedly considering a boycott of FIFA competitions if the plan goes ahead. Pinnick said the arrangement could strengthen member associations financially. He said FIFA members could receive up to $20 million from the deal, alongside funding available through the FIFA Forward Programme. He added that the key concerns should be the credibility of investors, transparency in managing the money and proper oversight of how the funds are used.

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