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Jewish News 24 · Aug 1, 2026

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FIFA President Gianni Infantino announced the organization is abandoning plans to sell a stake in its proposed commercial subsidiary, FIFA Forward Enterprise, valued at $20 billion, after widespread opposition. The proposal, which included investment from Josh Kushner's Thrive Eternal, faced backlash from UEFA, CONCACAF, and Asia's soccer confederation, while senior FIFA adviser Carlos Cordeiro resigned in protest. UEFA said Saturday it has "lost confidence" in Infantino over the episode and warned that "no option should be off the table" as it considers its next steps.

FIFA President Gianni Infantino announced the organization is abandoning plans to sell a stake in its proposed commercial subsidiary, FIFA Forward Enterprise, valued at $20 billion, after widespread opposition. The proposal, which included investment from Josh Kushner's Thrive Eternal, faced backlash from UEFA, CONCACAF, and Asia's soccer confederation, while senior FIFA adviser Carlos Cordeiro resigned in protest. UEFA said Saturday it has "lost confidence" in Infantino over the episode and warned that "no option should be off the table" as it considers its next steps.

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