Gianni Infantino has ignited a firestorm with his proposal to sell a stake in FIFA to private investors, drawing accusations of bribery and a dangerous power grab. The FIFA president, who was expected to secure a fourth term, now faces mounting opposition from major football bodies.
Plan to Sell FIFA Stake
Infantino wants to create a subsidiary called FIFA Forward Enterprise, valued at $20bn (£15bn), and sell 20% of it to raise $4.2bn (£3.16bn). The buyer group is led by Joshua Kushner, brother of US President Donald Trump's son-in-law Jared. According to The Times, Infantino could become commissioner of the company after stepping down as FIFA president.
The plan was announced in a press release that critics say deliberately obscured the intent to commercialise global football. FIFA, a not-for-profit organisation, made $13bn (£9.6bn) in the last four years, highlighting the contradiction of its expansionist policies under Infantino.
Controversial Tactics
Infantino sent a letter to FIFA's 211 member associations promising each $40m (£30m) by January if they approve the proposal by September 19. A source told The Times on Wednesday that this amounted to 'pure bribery'. The offer is seen as a brazen attempt to secure support.
Infantino has previously ingratiated himself with Trump, creating the FIFA Peace Prize and receiving an endorsement to become the next UN chief. He has built a cult of personality, known for his trademark white trainers and rambling speeches.
Backlash and Potential Fallout
The proposal has drawn comparisons to the European Super League debacle of five years ago, which collapsed under public pressure. UEFA, the English FA, and Concacaf have already responded with promising resistance. Critics argue that Infantino's megalomania must be challenged, and that toppling him could be a consequence of blocking this deal.
Football is at a critical juncture, with many calling for a rival to step up for the FIFA presidency. The $4.2bn plan could be the catalyst for change, as larger nations are urged to take a stand against selling off the 'crown jewels' of the sport.
