FIFA has unveiled an investment strategy that has sparked significant controversy regarding the future of football. The governing body intends to sell stakes in a $20 billion subsidiary established to oversee the World Cup. This move has drawn fierce criticism from UEFA, the governing body for European football.
Sports
FIFA plans to sell stakes in $20 billion subsidiary to run World Cup, angering UEFA
FIFA's proposal to sell stakes in a $20 billion subsidiary dedicated to managing the World Cup has triggered a strong backlash from UEFA.
Source: The Business Standard