FIFA Defiant Over $20 Billion Private Investment Plan

FIFA confirmed it will proceed with consultations for a $20 billion subsidiary, FIFA Forward Enterprise, despite a unanimous boycott threat from UEFA's 55 member nations.

The proposal offers external investors up to a 20% stake in the entity, with Thrive Capital expected to lead the group, while member associations are promised $40 million each for approval.

FIFA stated on Friday that it will not implement the plan without majority support from its 211 member associations, following intense criticism from regional bodies like CONCACAF and the Asian Football Confederation.