Tag: mulls stake
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FIFA mulls stake sale through new $20 billion entity, UEFA not happy
July 28 : FIFA plans to create a new commercial subsidiary valued at $20 billion, world soccer’s governing body said on Tuesday, as it seeks backing from its 211 member associations for the proposal in a move already criticised by UEFA.The ambitious plan would see FIFA establish FIFA Forward Enterprise (FFE),
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FIFA mulls stake sale through new $20 billion entity, source says
July 28 : FIFA is planning to sell a significant minority stake in a new commercial entity with a valuation of about $20 billion, a source familiar with the matter told Reuters on Tuesday.World soccer’s governing body is working with bankers at JPMorgan to raise billions of dollars by bringing in external inv
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