FIFA Sells 21% Stake in Forward Enterprise for $4.2 Billion, Infantino to Become CEO with $60 Million Salary
FIFA announced the transformation of its Forward Project into a commercial entity, FIFA Forward Enterprise, and the sale of a 21% stake for $4.2 billion at a $20 billion valuation. The funds will increase grants to member associations from $8 million to $20 million per cycle starting 2027. FIFA President Gianni Infantino is set to become CEO of the new enterprise after his term, with an annual salary exceeding $60 million. The plan has drawn criticism from UEFA and the English FA for lack of transparency and bypassing governance structures.
- Effective
- +17
- Intensity
- 45
- Confidence
- 55%
- Horizon
- Medium term