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FIFA plans to raise $4.2 billion via stake sales in new subsidiary, angering UEFA
July 28 : FIFA said on Tuesday it plans to create a new commercial subsidiary valued at $20 billion, offering a stake of up to 20 per cent to external investors in a move that faced immediate sharp criticism from Europe's UEFA.Under the plan, the world soccer governing body would establish FIFA Forward Enterp
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forbes.com
UEFA Considers Historic World Cup Boycott Over FIFA Investment Plan
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.
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FIFA Blasted Over Planned Sale Of World Cup Stakes
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.
