FIFA has scrapped $20B World Cup sell-off plan following European boycott, global outrage: sources

Source: New York Post

FIFA’s controversial plan to sell a piece of its business empire to outside investors has collapsed following an open revolt by soccer officials worldwide — and a major rift among top FIFA executives, The Post has learned. FIFA had aimed to raise up to $4. 2 billion by selling a roughly 20 percent stake in the group, valuing the new arm at $20 billion.