FIFA Plans $20 Billion Subsidiary to Run World Cup, Raise $4.2 Billion
FIFA announced plans to create a subsidiary valued at $20 billion to operate the World Cup and other events, aiming to raise $4.2 billion and distribute $20 million to each of its 211 member associations. The proposal, which requires approval from member associations and the FIFA Council, is part of a structural modernization effort that has been under consideration since 2000. UEFA strongly criticized the plan, saying football's governance should not be an investment target.
- Effective
- 0
- Intensity
- 55
- Confidence
- 70%
- Horizon
- Long term