FIFA: $20 Billion Linked to Trump-Adjacent Fund, UEFA Pushes Back

Share

FIFA has unveiled a partial privatization plan for its commercial activities, including TV rights and sponsorship, within a new entity called FIFA Forward Enterprise, valued at $20 billion. The project aims to raise approximately $4.2 billion while ensuring, according to FIFA, that it retains authority over sporting governance. The controversy stems from the potential involvement of Joshua Kushner, brother of Jared Kushner and son-in-law of Donald Trump, through his fund Thrive Eternal. UEFA has strongly condemned the lack of transparency and threatens a historic boycott of the World Cup, a scenario that would have been unthinkable just a year ago. Reports from the Times of London indicate that Gianni Infantino himself consulted the Trump administration before the official presentation of the project.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles