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FIFA Scraps $20b World Cup Sell-off Plan
FIFA’s controversial plan to sell a piece of its business empire to outside investors has collapsed following an open revolt by soccer officials worldwide — and a major rift among top FIFA executives, The Post has learned. FIFA had aimed to raise up to $4.2 billion by selling a roughly 20 percent stake in the group, valuing the new arm at $20 billion.
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forbes.com
UEFA Considers World Cup Boycott Over FIFA Investment Plan
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.
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aljazeera.com
FIFA proposes plan to sell stakes in the World Cup, angering UEFA
Football's world governing body announces plans to sell stakes of up to 20 percent in the World Cup and other events.
