FIFA Reportedly Receives $25 Billion USD Bid to Control Two Tournaments
From a “mystery consortium.”
According to The New York Times, a “mystery consortium” of investors in the Middle East and Asia have reportedly placed a $25 billion USD bid to FIFA for control over two tournaments.
The report states that FIFA President Gianni Infantino told officials last month that the international football body had received an offer from a fund of investors, including Japan’s SoftBank. The bid was for the rights to “an expanded version of FIFA’s Club World Cup as well as the rights to a proposed global league for national teams,” the Times said.
This move could help with FIFA’s current president who has been under pressure to raise revenues for the organization and will be up for a possible re-election in 2019. Infantino was elected in 2016 following a corruption scandal that hit the organization in 2015.
Read more about the mysterious bid in The New York Times report.
As the 2018 FIFA World Cup in Russia approaches, video assistant referees will be used during the tournament.
