Maintenance in progress

fifa's proposal to sell an equity stake in world cup commercial rights through a new subsidiary valued near $20 billion, backed by joshua kushner's investment firm, was announced july 28 and scrapped by august 1. three confederations — uefa, afc and concacaf — pledged total withdrawal from fifa governance bodies until infantino resigns, and uefa formally told fifa it is considering legal action and demanded evidence not be destroyed. a governing body attempting to sell part of the world's largest sporting event to private capital, then reversing within a week under threat of institutional paralysis, is an unusually fast and public failure of control.

european and global sports governance reporting