News

Kushner states regret over World Cup sell-off plan

Share this article
Kushner states regret over World Cup sell-off plan

American venture capitalist Joshua Kushner says he regrets joining a scrapped plan to sell stakes in the FIFA World Cup.

Kushner was set to be the lead investor in the proposal alongside FIFA president Gianni Infantino.

The plan, named FIFA Forward Enterprise (FFE), created a crisis inside football's governing body before being abandoned in July.

"Had we known what this would devolve into, we would not have gotten involved," Kushner said in his first public comments on the matter.

The $4.2bn deal and its quick collapse

Kushner is the founder of investment firm Thrive Eternal and the brother of Jared Kushner, son-in-law to US President Donald Trump.

Thrive Eternal held talks with Infantino to lead an investment group offering $


According to Joy Online.

Share
Share this article