Europe's initial backing for Infantino's World Cup plan

Gianni Infantino, the President of FIFA, proposed the creation of a new private company to manage the World Cup, with the aim of generating revenue from broadcasting rights, advertising, ticket sales, and event organization. Part of its shares would be sold to external investors while FIFA would retain 80%, and the company's estimated value is $20 billion. The Czech Republic supported the plan, believing it would provide additional funding for the development of football in the country. Meanwhile, the Union of European Football Associations (UEFA) is holding an emergency meeting to discuss this proposal. An amount of $20 million was offered to each of the 211 FIFA member associations, with the possibility of receiving an additional $66 million before 2038. The final decision is scheduled for September 19.

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