European soccer governing body UEFA will discuss a number of measures — including a possible boycott of the World Cup — over FIFA President Gianni Infantino’s plan to create a $20 billion company running major tournaments with private investors. Follow for live news updates.

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 President Gianni Infantino plans to create a $20 billion company running the World Cup with private investors including the Kushner family