Gianni Infantino has written to football associations offering a financial incentive to back his proposed plan for FIFA, according to a reported letter. The proposal would involve selling off part of FIFA to private investors. The letter sets a deadline of September 19 for member associations to indicate their support for the plans. As an inducement, Infantino is reported to have offered a $40 million incentive, equivalent to about £30.1 million. The reporting is based on the contents of the letter and presents the incentive and timeline as part of an effort to secure approval from FIFA’s members. The plan is described in the coverage as controversial, with the focus on the potential involvement of private investors through the partial sale of FIFA’s assets or interests. Across the outlets, the core details remain consistent: Infantino makes the offer, associations must respond by September 19, and the incentive is reported at $40 million (£30.1 million).
Infantino offers $40m incentive for FIFA members to support private investment plan
Gianni Infantino has written to football associations offering a financial incentive to back his proposed plan for FIFA, according to a reported letter. The proposal would involve selling off part of...
- Gianni Infantino proposes selling part of FIFA to private investors.
- A reported letter gives FIFA member associations until September 19 to back the plan.
- Infantino is reported to offer a $40 million (about £30.1 million) incentive for support.
- The proposal is described as controversial in the reporting.
Gianni Infantino has given football associations until September 19 to back his plan to sell off part of FIFA to private investors - with a $40m (£30.1m) incentive to accept, a letter has revealed.
2 hours agoGianni Infantino has given football associations until September 19 to back his plan to sell off part of FIFA to private investors - with a $40m (£30.1m) incentive to accept, a letter has revealed.
2 hours agoGianni Infantino has given football associations until September 19 to back his plan to sell off part of FIFA to private investors - with a $40m (£30.1m) incentive to accept, a letter has revealed.
2 hours ago
Neymar retires from international football after 16 years with Brazil
Brazil forward Neymar Jr. announces he is retiring from international football, ending a 16-year spell with the Brazil m...
Arsenal linked with Vinicius Jr as Real Madrid weigh contract and asking-price stance
Arsenal remain linked with a potential move for Real Madrid winger Vinicius Jr as the player’s contract situation at the...
Marcos appoints Teston and Dijamco as new Court of Tax Appeals associate justices
President Ferdinand Marcos Jr. appoints Debbie Jean Centeno-Dijamco and Paolo Teston as new associate justices of the Co...