The controversial breakaway circuit rocked club soccer five years ago. Gianni Infantino’s proposed commercial entity is drawing a similar reaction.

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 announced plans to create a new commercial subsidiary valued at $20 billion and is seeking approval from all 211 of its member associations. | Football News

European soccer leaders strongly oppose the move, while the North American and Asian confederations are mad they weren’t consulted first.