U.S. President Donald Trump stated on Friday that he did not speak with FIFA President Gianni Infantino about the world soccer governing body offering stakes to external investors.
FIFA plans to create a $20 billion subsidiary to run the World Cup and its other events, offering up to 20% stakes in it to external investors. A vehicle founded by Joshua Kushner, the brother of Jared Kushner, U.S. President Donald Trump’s son-in-law, is expected to lead the proposed investor group.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.