The core investor would be a US investment firm created by Joshua Kushner, the brother of US President Trump’s son-in-law Jared Kushner.

An investment vehicle founded by Joshua Kushner, the brother of Jared Kushner, US President Donald Trump’s son-in-law, is expected to be a lead investor.

Europe’s football governing body said the tournament should not be seen as an investment product and is 'not for sale'.