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Utopia Talk / Politics / FIFA to sell the World Cup to Kushner
Paramount
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Wed Jul 29 18:30:43
FIFA plan for Kushner-backed $20 billion operation to run World Cup meets fury from Europe’s UEFA

GENEVA (AP) — FIFA President Gianni Infantino’s plan to create a $20 billion company running the World Cup with private investors including the Kushner family was announced Tuesday — and immediately attacked by European soccer body UEFA.

“It is not FIFA’s to sell,” UEFA said in a statement. “None of us are the owners of football.”

Infantino’s plans to form a commercial subsidiary, which would be called FIFA Forward Enterprise (FFE), running competitions like the World Cup and Club World Cup was first reported by The Times of London.

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.”

FIFA is working with J.P. Morgan while intended investors include Thrive Eternal launched by Joshua Kushner, whose brother Jared Kushner is a son-in-law of U.S. President Donald Trump.

The men’s World Cup that finished this month only deepened the political and personal ties between Trump and Infantino, and fueled concerns about those ties including from UEFA.

“The soul and governance of football are not assets to trade — especially with zero transparency as to who gains financially,” UEFA said Tuesday, responding to the reports of selling stakes in FIFA competitions.

https://ap...45e0864e3a217632733810c232b423
Seb
rank
Wed Jul 29 18:46:11
But isn't that basically the job FIFA was set up to do?
Seb
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Wed Jul 29 18:48:53
So each member gets 20m - that's about 4bn. Where does the other 16bn go? And if FIFA isn't actually running the competitions anymore, what is that money for?

This is laughably corrupt. Pretty sure this will get killed.
tumbleweed
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Wed Jul 29 19:51:04
this is the age of laughably corrupt

(interesting how so far everything still supports Kushner being the devil & Trump his minion as i suspected years ago >.>)
Rugian
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Wed Jul 29 21:03:54
And to think, all this is happening because Obama just had to go and mock Trump at that banquet back in 2012.

Talk about a butterfly effect.
Sam Adams
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Wed Jul 29 23:03:03
And trumps campaign really took off in 2015 when all the retarded left wing media got together to broadcast the same lie "trump called all Mexicans evil hombres!!"

Trump was basically a response to lib retardation and now he's corrupted eurowuss gayball.

Lmao
Sam Adams
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Thu Jul 30 00:25:24
On a related note

Elderly American nuns are more athletic and coordinated than euro men. No wonder they play gayball.

https://x.com/GigaBasedDad/status/2082556772204585261?s=20

Note this isn't even particularly impressive but it's still more than I've ever seen a euro do.
williamthebastard
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Thu Jul 30 21:07:56
Wait - there are still some people that watch Fat Men in Spandexball over there? Ah well, I suppose they'll have a couple of million viewers left until the Fox audience dies off.

Kushner just lost his investment though, as every important team and association has just annoounced a complete boycott of Fifa lol...

Kushners WC final will consist of the laughable USA vs Micronesia to utterly empty stadiums
williamthebastard
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Thu Jul 30 21:25:12

Just like Trump, everything murca touches, it destroys. Remember: never let murca anywhere near a real sport again. They cant play and they cant not destroy.

In fact, UEFA boycotting Fifa is all good news. Infantino has been a hug corruption problem from day one, and now the sport 15 times bigger than Fat Men Wheezing in Spandexball can dump him in murca.

Rugian
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Thu Jul 30 21:26:01
How dare you. The US gave the World Cup halftime shows.
williamthebastard
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Thu Jul 30 21:28:41
"The 55 members making up European soccer governing body UEFA unanimously voted Thursday in support of a boycott

The UEFA vote was an authoritative statement, pitting the richest and most important national associations against FIFA’s president, Gianni Infantino.

“Europe’s position is clear. We will never lend this model our legitimacy. No one has the moral authority to sell what they merely hold in trust for the next generation,” UEFA said in a Thursday statement.

“As a result of today’s discussion, no UEFA national teams will participate in any FIFA competition for so long as these proposals remain alive, unless this proposal has been abandoned in its entirety and binding assurances have been given that FIFA will never again open its governance or competitions to private ownership.

“Nobody should be in any doubt: UEFA and its national associations will oppose these plans with absolute determination.”

At Thursday’s emergency meeting held virtually, UEFA’s members approved the boycott, which would mean teams like current World Cup champion Spain as well as semifinalists France and England would not play in the 2030 World Cup.

England’s Football Association (FA) said it stands “shoulder to shoulder” with European teams after the vote. “The FIFA World Cup belongs to football and always will,” a spokesperson said.

Meanwhile, European Commissioner of Sport Glenn Micallef said he fully supports UEFA’s position, posting on X: “Proud to see Europe’s football associations leading on governance, standing firm on their principles and defending the integrity of the game.”

Britain’s Sport Minister Lisa Nandy said the boycott was a “principled decision” that the UK supports. “Football belongs to the fans, not billionaire investors. Enough is enough.

Those 55 largely European associations carry massive weight in soccer, both on the national team and club level.

Many of the richest and most powerful national soccer associations are in Europe and carry a lot of influence due to their domestic leagues and the strength of their club sides. Countries like England (which has the richest domestic competition in the world, the Premier League), Spain and Germany feature powerhouse teams like Real Madrid, Barcelona, Manchester City, Arsenal, Chelsea and Bayern Munich – moneymaking machines that drive commercial interests worldwide, both on and off the pitch.
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