Maduro: UEFA Has Little Power to Stop FIFA’s Proposed World Cup Stake Sale
Former FIFA Governance Committee chair Miguel Maduro says FIFA’s proposed commercial restructuring is highly likely to be approved despite opposition from UEFA and national football associations. FIFA plans to establish FIFA Forward Enterprise, a commercial subsidiary that would manage major competitions, including the World Cup. The body is reportedly considering selling up to a 20% minority stake to private-equity investors in a deal valued at about $4.2 billion. The proposal has raised concerns about outside investment and the future commercial control of football’s biggest tournament.
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