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FIFA execs oppose Infantino’s $20 B World Cup sale plan

7/31/2026

Summary

Story summary

FIFA officials Carlos Cordeiro and Kevin Lamour opposed Infantino’s $20 billion plan to sell a World Cup stake.
Carlos Cordeiro resigned, called the deal bad, said FIFA earned $15 billion and warned $4.2 billion mortgage football’s future.
Kevin Lamour said staff were deceived and warned the project must not proceed.
FIFA said the spin-off would create a subsidiary 20% owned by investors and set a Nov. 18 deadline for any challenger to Infantino’s presidency.

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Story summary

FIFA officials Carlos Cordeiro and Kevin Lamour opposed Infantino’s $20 billion plan to sell a World Cup stake.
Carlos Cordeiro resigned, called the deal bad, said FIFA earned $15 billion and warned $4.2 billion mortgage football’s future.
Kevin Lamour said staff were deceived and warned the project must not proceed.
FIFA said the spin-off would create a subsidiary 20% owned by investors and set a Nov. 18 deadline for any challenger to Infantino’s presidency.