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Trump addresses FIFA's investment proposal

Trump addresses FIFA's investment proposal

U.S. President Donald Trump stated that he has not spoken with Gianni Infantino, the President of FIFA, regarding the controversial proposal to establish a $20 billion company involving private sector investors, including the Kushner family, to manage the commercial rights for the World Cup. This proposal, which allows investors to buy small stakes without having control, has drawn widespread criticism from European football organizations, with the European Union threatening to boycott future World Cup tournaments. Football authorities in North America and Asia have also rejected the proposal. Meanwhile, FIFA is collaborating with J.P. Morgan Bank, and reports indicate that potential investors include a company led by Joshua Kushner, Jared Kushner's brother.

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