Fifa wants to create a commercial subsidiary to run its main events, including the World Cup, and external investors will be able to buy stakes in it.
It said it would “invite third parties to make minority, non-controlling investments” in a new subsidiary – Fifa Forward Enterprise (FFE) – to “consolidate” its commercial and event operations.
Infantino wrote to all 211 Fifa member associations saying they would receive $40m (£30m) if they backed his controversial proposal.
The Swiss set a deadline of 19 September for football federations to accept his plans if they wanted to access an initial $20m (£15m).
The plan still needs to be passed by a vote of Fifa members. But if approval is granted, Fifa says Thrive Eternal is expected to lead the proposed investor group for FFE.
Thrive is an American venture capital firm founded by Joshua Kushner, the brother of US President Donald Trump’s son-in-law Jared.
Fifa sources have told BBC Sport there has been no discussion over Infantino, or anyone else, becoming chief executive of FFE.
On Wednesday, Uefa accused Fifa of using football “to enrich themselves and their friends”.
Its statement on Thursday was even more damning, calling it “irresponsible and indefensible that a proposal of such significance for football was conceived in secret” and “without any meaningful consultation” with those who steward the game.
It added: “This is not merely a profound failure of leadership, but an abdication of Fifa’s duty as the custodian of world football.
“National associations around the world are now presented with an ultimatum: accept the irreversible capture of football’s greatest competitions or bear the consequences
“This is not a ‘democratic decision’, but governance by intimidation – an act of coercion unworthy of an institution entrusted with the stewardship of the global game.”
Source: https://www.bbc.co.uk/sport/football/articles/c5y67zrrdddo?at_medium=RSS&at_campaign=rss
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