FIFA document reveals more tournaments, debt plan

FIFA document reveals more tournaments, debt plan

FIFA's 25-page sales deck, produced by JP Morgan and seen by the Guardian, outlines plans to sell 20% of a new commercial company to investor Joshua Kushner. The document projects growth through a doubling of global tournaments, higher ticket prices, and debt financing, but makes no mention of women's football. Member associations would receive a $20m sign-up payment and increased forward payments, though critics question the need for debt given FIFA's $4bn reserves.

Source: theguardian.com

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