FIFA's Kushner-backed $4.2bn investment plan meets united rejection from federations
Daily Sabah (Turkey)—FIFA's private investment plan — valuing the federation at roughly $4.2 billion and led by Jared Kushner's brother Joshua — has drawn unified pushback from member federations, with UEFA the lone federation to reject it outright and other bodies now following suit. The $10 billion capital infusion would hand outside investors roughly a 21% stake in a new holding company, in exchange for a $40 million payout per federation if members sign by September 19 — a figure that drops to $10 million for holdouts. Infantino needs 106 of FIFA's 211 member votes to pass the plan and insists it remains a 'proposal,' even as UEFA calls an emergency meeting to coordinate its response. The Trump-linked investor tie has only deepened member suspicion that the deal rushes away FIFA's financial independence.
- Daily Sabah (Turkey) — world football bodies unite in blanket rejection of the plan
- SWI swissinfo — FIFA sets deadline for investor deal
- The National (UAE) — 106 of 211 member votes needed to pass
- Guardian — US — Joshua Kushner, Jared's brother, named as lead investor
- Daily Maverick — $4.2bn valuation tied to a Trump-linked investor
- Daily Maverick — $40M per federation offer expires Sept 19, drops to $10M for holdouts … only UEFA has rejected outright so far
- Defector — $10bn infusion buys investors ~21% stake in a new FFE holding company
- France 24 — Infantino and FIFA under fire for private investment plan
- Deutsche Welle — UEFA calling an emergency meeting over the proposal
- Al Jazeera — Infantino insists the plan is a 'proposal,' not a mandate
- Associated Press — FIFA chief Infantino sets $20M deadline for member investment in World Cup plan