Politics

FIFA Backs Off World Cup Private Equity Pitch Amid Global Controversy

Updated 2026-08-03 10:25 UTC 1 source Negative

FIFA withdrew its proposal to sell the World Cup to private equity after facing global backlash. The move has implications for future funding and participation in the world’s most popular sporting event.

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The Hill
FIFA pulled back late last week on an effort to cash in on the popularity of the World Cup by selling it to private equity as part of a broader investment strategy, a move that had sparked an international controversy and threatened the participation in the world’s most popular sporting event. At t
2026-08-03 10:00 UTC
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