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FIFA plans to sell stakes in $20 billion subsidiary to run World Cup, angering UEFA
July 28 : FIFA said on Tuesday it plans to create a $20 billion subsidiary to run the World Cup and its other events and will offer stakes of up to 20 per cent in it to external investors, a move that provoked a furious response from UEFA, who accused world soccer's governing body of putting the game's "soul" up for
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forbes.com
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.
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channelnewsasia.com
FIFA mulls stake sale through new $20 billion entity, UEFA not happy
July 28 : FIFA plans to create a new commercial subsidiary valued at $20 billion, world soccer's governing body said on Tuesday, as it seeks backing from its 211 member…
