FIFA to Receive External Funding by October 2026
FIFA expects to receive its first external funding by the end of October 2026, stemming from President Gianni Infantino's controversial investment plans. FIFA has set a deadline of September 19 for its 211 member associations to agree to the proposal, with a simple majority required to proceed.
Critics have raised concerns about the lack of consultation regarding the plan. A document sent to associations outlines the timeline for funding, which includes granting investors access to materials in August, confirming investment amounts in September, and finalizing agreements by late October.
Uefa has expressed its discontent with FIFA's approach, highlighting that associations must support the proposal to avoid losing an initial payout of $20 million from a total of $40 million. An emergency meeting is scheduled for Thursday to discuss Uefa's response to FIFA's plans.
Plus234Feed summary based on reporting from Blueprint. Read the original report below.
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