FIFA's Infantino sets deadline for $20M offer to members in Kushner-backed World Cup investor plan - AP News

FIFA President Gianni Infantino has set a September 19 deadline for the organization's 211 member federations to accept one-off $20 million payments tied to a plan to sell stakes in the World Cup to private investors.
The proposal would create a $20 billion FIFA subsidiary, with 20% owned by private investors, to run competitions such as the World Cup and Club World Cup under a 12-year ownership arrangement.
The scheme is being bankrolled by Joshua Kushner, brother of Jared Kushner, President Donald Trump's son-in-law, elevating his profile within international soccer.
The plan has drawn strong opposition from international soccer bodies, with European governing body UEFA calling an emergency online meeting of its 55 member federations, citing "significant and growing opposition."
Some UEFA members are reportedly prepared to boycott FIFA competitions in protest of the private investment initiative.
Infantino framed the arrangement as a "singular and unique funding opportunity" and a "game-changing" duty to present to members, in a letter seen by The Associated Press, marking his latest move to align with figures connected to Trump, following the creation of a FIFA peace prize.