equity plan

FIFA President Sets Deadline for Kushner-Backed World Cup Equity Plan

FIFA President Gianni Infantino has set a September 19 deadline for member associations to accept a $20 million financial package tied to a plan to sell World Cup stakes to private investors, backed by Joshua Kushner's Thrive Capital. The proposal, which aims to establish a $20 billion FIFA subsidiary, has drawn strong opposition from UEFA and other confederations.