Cyprus Mail1 Aug 2026

Fifa has scrapped $20 billion World Cup sell-off plan, New York Post reports

Fifa has scrapped $20 billion World Cup sell-off plan, New York Post reports

Fifa’s plan to sell a piece of its business empire to outside investors has collapsed following an open revolt by soccer officials worldwide and a major rift among top Fifa executives, the New York Post reported on Friday.

The deal, in which Fifa had aimed to raise up to $4.2 billion by selling a roughly 20 per cent stake in the group, valuing the new arm at $20 billion, is no longer active, the report said, citing four sources familiar with the matter....

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