July 28 : FIFA is planning to sell a significant minority stake in a new commercial entity with a valuation of about $20 billion, a source familiar with the matter told Reuters on Tuesday.World soccer's governing body is working with bankers at JPMorgan to raise billions of dollars by bringing in external inv

FIFA confirmed plans to raise $4.2 billion for a new entity controlling the nonprofit’s “commercial and event operations” at a $20 billion equity valuation.

FIFA plans to sell a minority stake in a new commercial entity valued at roughly $20 billion, packaging its sponsorships and media rights for

“The soul and governance of football are not assets to trade," UEFA said in a statement.