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FIFA’s $4.2B Stake Sale Doubles Down on 2 Major Criticisms
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FIFA has announced a $4.2 billion stake sale, which has been criticized for its commercial ambitions and close ties to US President Donald Trump. The move has been seen as a brazen money-grab by the governing body of global soccer.
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FIFA’s $4.2B Stake Sale Doubles Down on 2 Major Criticisms
FIFA has announced a $4.2 billion stake sale, which has been criticized for its commercial ambitions and close ties to US President Donald Trump. The move has been seen as a brazen money-grab by the governing body of global soccer. The sale is expected to create a new entity, FIFA Forward Enterprise, to house revenue-generating activities like media rights and sponsorships.
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