FIFA proposes 40M for new project

FIFA, the International Football Federation, has confirmed that it will support the new plan to sell stakes in major tournaments in exchange for granting participating associations $40 million each if they join the project before September 19. The initiative involves creating a company to manage commercial activities and organize the World Cup, as well as increasing funding allocated for football development by attracting external investors, with a funding package of up to $10 billion starting from January 2027. This would allow each association to receive $40 million or continue in the "Forward" program, which is valued at $2.7 billion. The plan has faced criticism, described as a "blatant bribe," with reports citing opposition from some members.

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