Skip to news
JQJO
Latest

JQJO — Sports news · Page 64

Infantino’s opponents at FIFA call for $10M payments to federations from post-World Cup reserves

Tap title to read story

European and North American soccer confederations are demanding that FIFA distribute ten million dollars from post World Cup reserves to each of its two hundred eleven member federations. UEFA President Aleksander Ceferin and CONCACAF leader Victor Montagliani outlined the proposal in a letter to FIFA President Gianni Infantino. The initiative follows intense global backlash over Infantino's previous attempt to sell tournament stakes to private investors led by Joshua Kushner. Opponents seek to leverage the organization's projected six billion dollar cash reserves to challenge Infantino during the upcoming presidential election next March. Infantino previously countered by offering twenty million dollars per federation for his investment project. The proposed two point one billion dollar total payout serves as a direct political maneuver to secure federation votes against the incumbent president. Officials continue navigating governance disputes surrounding commercial partnerships and financial transparency within international soccer administration ahead of the scheduled vote.

0:00 / 1:05

JQJO

Find your next story

Search JQJO’s current coverage.