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FIFA issues deadline to members over plan to sell Sh517 billion stake

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 President Donald Trump and FIFA President Gianni Infantino hold the FIFA World Cup Winner's Trophy before handing over to Spain at the award ceremony following the FIFA World Cup 2026 Final at New York New Jersey Stadium on July 19, 2026 in East Rutherford, New Jersey. [Dan Mullan/AFP]

FIFA has told member associations they will each receive $40 million if they back a plan to sell stakes in major competitions -- but they must sign up by September 19.

The sport's global governing body on Tuesday announced proposals to set up a commercial subsidiary to run events, including the World Cup, sparking a furious backlash.

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