UEFA planning to check if Infantino tried to sell stakes in World Cup on cheap
UEFA plans to commission an independent valuation of FIFA’s World Cup sale plans after concerns that Gianni Infantino agreed to sell the tournament’s future profits to a private equity firm at below the market rate.
TL;DR
- UEFA plans an independent valuation of FIFA's World Cup sale plans.
- Concerns exist that Gianni Infantino agreed to sell profits below market value.
- A deal with Thrive Capital was abandoned after threats of World Cup boycott from member associations.
- UEFA questions FIFA's $20 billion valuation of its commercial assets.
- Market analysts believe $20 billion is a low valuation, not accounting for potential expansion.
- UEFA is also calling for a review of FIFA's governance and has threatened legal action.