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Kushner's World Cup Sell-Off Plan Backlash

WHY IT MATTERS

The scrapped plan highlights concerns over Fifa's financial management and the potential consequences of prioritizing revenue over the integrity of the World Cup.

What happened

Venture capitalist Joshua Kushner has expressed regret over his involvement in Fifa president Gianni Infantino's scrapped plan to sell off stakes in the World Cup. Kushner stated that he would not have participated if he had known the football world's reaction. The plan, which aimed to increase revenue, was met with widespread criticism and opposition from football stakeholders. The exact details of the plan and its potential impact remain unclear, as Fifa has not publicly disclosed the specifics of the proposal. However, it is evident that the backlash played a significant role in the plan's cancellation.

PRIMARY SOURCES

Kushner states regret over World Cup sell-off plan

BBC Sport · Discovery only; BBC commercial RSS use requires permission

By THELAST.NEWS Editorial System · AI-assistedRevision 1Approved independent source