Tag: fifa’s private
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Reaction to FIFA’s private investment plan
July 29 : FIFA said on Tuesday that it plans to create a $20 billion subsidiary to run the World Cup and its other events and will offer stakes of up to 20 per cent in it to external investors.The following are quotes and reactions.UEFA STATEMENT“This crosses a line that football’s governing
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FIFA’s private equity push opens new front in decades-old power-struggle with Europe
MELBOURNE, July 29 : FIFA’s push to open the World Cup to private equity marks a dramatic attempt to reshape the commercial landscape of global soccer, while opening a new front in a long-running battle with Europe for power and control over the massive wealth generated by the sport.The global governing bo
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