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UEFA and CONCACAF seek extra FIFA funding as Joshua Kushner’s name emerges in plan
UEFA President Aleksander Čeferin and CONCACAF President Victor Montagliani asked FIFA President Gianni Infantino to allocate an additional $10 million for each of the 211 national federations. A fund managed by Joshua Kushner was said to be able to acquire a stake in a plan to transfer FIFA’s commercial rights to a new structure.
UEFA and CONCACAF have called for additional funding as FIFA considers redistributing its financial resources. In a letter to FIFA President Gianni Infantino, UEFA President Aleksander Čeferin and Victor Montagliani, president of the Confederation of North, Central America and Caribbean Association Football (CONCACAF), requested an additional $10 million for each of the 211 national federations.
The two presidents argued that FIFA’s financial reserves should reach $6 billion and called for a comprehensive review of the organization’s finances. Plans to redistribute the budget are expected to be discussed at a FIFA Council meeting scheduled for October.
FIFA’s payment plan for federations
FIFA plans to pay countries $8 million each during the 2027–2030 period to support the development of football. The new request would add an additional $10 million per federation to the existing payment plan.
Investment plan for commercial rights
FIFA had previously planned to raise $4.2 billion by selling around 20% of a new structure to private investors. FIFA’s media and commercial rights, including those for the World Cups, were to be transferred to the new structure.
Under the plan, a fund managed by Joshua Kushner, the brother of Jared Kushner, the son-in-law of U.S. President Donald Trump, could acquire a stake. If the project went ahead, Infantino’s annual salary could also rise from €3 million to €30 million.
After UEFA threatened to boycott FIFA tournaments, including the World Cups, Infantino announced that the organization had abandoned its plan to sell part of its commercial rights.
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