
UEFA is preparing to launch an independent review of FIFA’s scrapped World Cup investment proposal as it intensifies scrutiny of FIFA president Gianni Infantino and the governing body’s decision-making process. The European Football body wants to determine whether FIFA was prepared to sell a significant share of its future commercial business below its true market value.
UEFA Questions FIFA’s $20 Billion Valuation
Under the now-abandoned proposal, FIFA planned to sell a 21 percent stake in a new commercial entity to an investor group led by Thrive Capital for $4.2 billion, valuing the business at approximately $20 billion. The entity would have controlled major commercial and tournament-related rights linked to FIFA competitions.
However, UEFA reportedly believes the valuation may have significantly underestimated the long-term earning potential of the FIFA World Cup and other global tournaments. The governing body is expected to commission an independent financial assessment once the immediate political fallout subsides.
According to reports, UEFA is also seeking clarity on how FIFA arrived at the $20 billion valuation and whether any competitive bidding process was conducted before negotiations with investors.
Concerns Over Transparency and Future Expansion
FIFA reportedly generated around $15 billion in revenue during the four-year cycle leading up to the 2026 FIFA World Cup. Critics argue that valuing a commercial entity controlling future tournament revenues at only $20 billion may not accurately reflect the competition’s long-term financial potential.
UEFA is also concerned that private investors could have pushed FIFA towards expanding existing tournaments or introducing additional competitions to maximise commercial returns, potentially altering the future structure of international football.
Investment Plan Triggered Major Backlash
The proposal faced fierce opposition from UEFA and its 55 member associations, all of whom reportedly threatened to boycott FIFA competitions if the investment plan moved forward. The pressure ultimately forced FIFA to abandon the project within days.
Following crisis talks in Morocco, Gianni Infantino issued a public apology to FIFA’s 211 member associations, acknowledging mistakes in the handling of the proposal. Despite the apology, UEFA continues to question FIFA’s governance and has reportedly not ruled out further legal or administrative action.
Pressure Continues on FIFA Leadership
Although FIFA has publicly reaffirmed its support for Infantino, UEFA’s planned independent valuation is expected to become a key part of the wider debate surrounding the organisation’s governance and commercial strategy.
The findings could determine whether the failed investment proposal was simply a flawed business initiative or an attempt to sell one of world sport’s most valuable commercial assets at a significantly discounted valuation.
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