FIFA Sets September 19 Deadline for $20 Million Offer Amidst Federation Vote
FIFA President Gianni Infantino has set a September 19th deadline for its 211 member federations to accept a $20 million offer. This offer is part of a plan to create a new FIFA subsidiary, with 20% ownership by private investors,…
Miami Fort Lauderdale, FL, July 29, 2026 —
FIFA President Gianni Infantino has established a firm deadline of September 19th for its 211 member federations to respond to a significant financial offer. The proposed $20 million package is integral to a larger strategy aimed at establishing a new FIFA subsidiary.
This new entity is intended to manage major competitions, including the World Cup. A key aspect of the proposal involves allocating 20% ownership of this subsidiary to private investors. The venture has reportedly garnered support from Joshua Kushner’s investment firm, Thrive Capital.
However, the plan has not been universally welcomed. Resistance has emerged from prominent soccer bodies, notably the European soccer governing body, UEFA, along with other continental confederations. The details surrounding the specific terms of the $20 million offer and the exact nature of the private investment were not immediately available. The timeline for further developments following the September 19th deadline remains unclear.
Story summarized from the original created by AP on apnews.com, see more information here.
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