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Infantino scraps $4.2 B FIFA stake sale after boycott.

8/4/2026

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Infantino Halts Deal
  • FIFA President Gianni Infantino abandoned the plan to sell a 20 percent stake in the FIFA Forward Enterprise unit, a deal that would have raised $4.2 billion and valued the unit at $20 billion with Joshua Kushner’s firm as anchor investor.
  • UEFA, CONCACAF and the Asian Football Confederation voted to boycott FIFA events and publicly rejected the proposal.
  • Adviser Carlos Cordeiro quit, calling it a “bad deal for football.”
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