July 31 : FIFA said on Friday it would push ahead with consultations on a plan to bring private investment into the World Cup and its other tournaments, after Europe's football federation threatened a boycott and other regional confederations issued stinging rebukes of the plan.Switzerland-based FIFA said "in

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.

The proposal to spin off the commercial rights to the World Cup and other competitions into a semi-private company has triggered a fierce backlash, with critics warning it could…