The confederation in a statement expressed "deep concern" about the proposed establishment of a $20 billion commercial subsidiary, FIFA Forward Enterprise (FFE), to run the World Cup and FIFA's other events.

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…

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