FIFA said Tuesday it plans to sell a stake in the business operations of the World Cup and its other competitions through the creation of a semi-private subsidiary. The decision marks a dramatic attempt to reshape the commercial landscape of global football, while opening a new front in a long-running battle with Europe for control over the massive wealth generated by the sport.
FIFA president Gianni Infantino's plan to create a $20 billion US company running the World Cup with private investors including the Kushner family was announced Tuesday — and immediately attacked by European soccer body UEFA.
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