Football’s power struggle is no longer theoretical. FIFA president Gianni Infantino has pushed a plan to sell minority stakes in the World Cup and other events to private investors, and that move has triggered a sharp response from several major confederations.
The proposal reportedly centers on Thrive Eternal, an investment fund led by Joshua Kushner. FIFA gave its 211 member federations a September 19 deadline to sign off, but the rushed timetable and limited disclosure immediately raised alarms.
Europe moved first and hardest.
Mexico has not taken a final position yet and says it needs more time to review the details. Africa, South America, and Oceania have not voted, and no dates have been announced for their decisions.
UEFA’s stance matters because it carries the weight of the richest domestic leagues and the most influential clubs in the game. When Europe, North and Central America, and Asia all raise objections at once, FIFA faces a far broader revolt than a single regional dispute.
There is also an internal cost. Carlos Cordeiro, one of Infantino’s senior advisers, resigned on Friday over the plan, which suggests the controversy is not limited to outside critics.
FIFA has refused to retreat. In a statement, the organization blamed “incorrect media reports” for disrupting its consultation process and said it would continue moving forward.
Two deadlines now define the next phase:
This is about more than one investment deal. Infantino had been expected to run unchallenged toward a fourth term as FIFA president through 2031, with candidates due to declare by November 18 ahead of a March vote in Rabat. After this week’s backlash, that path looks less certain.
For now, the question is simple: whether FIFA can sell part of its crown-jewel events without splitting the sport’s biggest governing bodies apart.
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