Zurich, 29 July 2026

World football governing body FIFA, under president Gianni Infantino, plans to sell part of the commercial rights to its tournaments to private investors via a new subsidiary called FIFA Forward Enterprises (FFE), raising up to US$4.2 billion.

The plans, confirmed by FIFA on Tuesday evening, envisage that carefully selected investors will be able to acquire "minority stakes without control rights in the FFE," according to the federation. In total, private investors are to take on around 20 percent of the shares in the new company, which in future will bundle the marketing rights of the men's and women's World Cup as well as the Club World Cup. According to the details, the new subsidiary will initially be valued at a total of US$20 billion, equivalent to around 17.5 billion euros.