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Sharjah24
FIFA Criticized Over Infantino’s Business Strategy
The International Federation of Football (FIFA) has launched a new plan to sell a stake in its commercial rights, including the World Cup, to private sector investors through the creation of a new company called "FIFA Forward Enterprise." The plan aims to combine the rights sales with the operational management of matches, generating revenues estimated at around $20 billion, with funding starting from $10 billion if approved, following a 53-day voting period granted to local federations. The plan has sparked controversy and allegations of bribery, and represents a significant step in FIFA's efforts to boost its sources of income.
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