FIFA says it hopes to sell $4.2bn stake in its tournaments

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FIFA says it hopes to sell $4.2bn stake in its tournaments

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FIFA announced plans to sell a stake in the business operations of the World Cup and its other tournaments through a semi-private subsidiary, aiming to generate significant revenue estimated at $4.2 billion.

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 Times speculated that the creation of FFE could have an impact on the World Cup and the Club World Cup.

Markets Deals Sports FIFA World Cup investment stake sale sports business tournaments revenue

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