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World
Herz — World Desk · · 30s summary · 3 min read
On July 31, 2026, FIFA reaffirmed its commitment to pursuing a consultation on its private investment plan, stating that 'nobody is selling football.' The day before, UEFA—the Union of European Football Associations—voted to boycott World Cups if the plan proceeds. Concacaf, which represents 41 federations in North America, Central America, and the Caribbean, also rejected the proposal. The plan would create FIFA Forward Enterprise (FFE), a commercial subsidiary open to minority private investors.
On July 31, 2026, FIFA published a statement asserting that 'nobody is selling football,' according to BBC and ESPN. The organization is maintaining its consultation process regarding its plan to cede stakes in its competitions to private investors.
The plan involves creating FIFA Forward Enterprise (FFE), a commercial subsidiary responsible for managing FIFA's major competitions—including World Cups. Third parties could hold minority, non-voting stakes in the entity.
Should the proposal be approved, Thrive Eternal—a U.S. venture capital firm founded by Joshua Kushner, brother of Jared Kushner, son-in-law of U.S. President Donald Trump—is expected to lead the investor group within the FFE.
On July 30, 2026, UEFA—the Union of European Football Associations—voted to boycott World Cups if the FFE plan were adopted. The organization accused FIFA of using football 'to enrich themselves and their friends.'
Concacaf—the Confederation of Football for North America, Central America and the Caribbean, comprising 41 national federations—also rejected the proposal.
To adopt his plan, Infantino needs 106 votes out of FIFA's 211 member associations. UEFA and Concacaf combined hold 96 votes.
These 96 votes are insufficient to block the proposal alone—they fall 10 short of a blocking minority—but they represent a significant opposition front.
To secure member associations' support, Infantino has offered each $40 million. A first tranche of $20 million can be received before September 19, 2026.
In its July 31, 2026 statement, FIFA asserts that the consultation has been 'disrupted by incorrect media reports.' It reaffirms its commitment to an 'open and democratic' process.
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Gianni Infantino has chaired FIFA since 2016. His tenure has been marked by aggressive monetization ambitions—World Cup expansion to 48 teams, overhaul of the Club World Cup—and recurring tensions with UEFA over global football governance.
Nobody is selling football.
— FIFA, official statement, July 31, 2026
To enrich themselves and their friends.
— UEFA, statement regarding FIFA, July 30, 2026
The formal positions of other confederations and member associations—beyond UEFA and Concacaf—remain unknown at this stage. Their votes will be decisive in determining whether Infantino can reach the required 106 votes.
Available sources do not specify the formal vote date for all 211 FIFA members or the format in which it will be conducted.
FFE is a commercial subsidiary that FIFA proposes to create to manage its major competitions, including World Cups. Private investors could hold minority, non-voting stakes in the entity. FIFA would retain strategic control.
UEFA opposes the entry of private investors into FIFA competitions. On July 30, 2026, it voted to boycott World Cups if the FFE plan is approved, accusing FIFA of using football for personal enrichment.
Thrive Eternal is a U.S. venture capital firm founded by Joshua Kushner, brother of Jared Kushner, son-in-law of U.S. President Donald Trump. If approved, it is expected to lead the group of private investors within the FFE.
He needs 106 votes out of 211 FIFA member associations (simple majority). UEFA and Concacaf combined hold 96 votes—insufficient to block alone, but representing a significant opposition front.
Infantino has offered $40 million per association in exchange for support of the plan. A first tranche of $20 million can be received before September 19, 2026.