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SoccerSport | The GuardianDave Schilling

The profit motive has strangled sports. Now Fifa is putting soccer up for sale | Dave Schilling

The profit motive has strangled sports. Now Fifa is putting soccer up for sale | Dave Schilling

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Gianni Infantino’s plan for a Fifa subsidiary is odious – but it’s hard to feel surprised Just when you thought global soccer couldn’t get more odiously capitalistic, Gianni Infantino said: “Hold my beer” (as long as that beer you’re holding is a Michelob Ultra, one of the official sponsors of the 2026 World Cup ). The

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Gianni Infantino’s plan for a Fifa subsidiary is odious – but it’s hard to feel surprised Just when you thought global soccer couldn’t get more odiously capitalistic, Gianni Infantino said: “Hold my beer” (as long as that beer you’re holding is a Michelob Ultra, one of the official sponsors of the 2026 World Cup ).

The World Cup, one of the largest and most prestigious sporting competitions on the planet, is for sale.

Infantino, the president of the soccer governing body Fifa, is the architect of a plan to sell up to 20% of a new subsidiary that would administer tournaments such as the World Cup and Club World Cup.

The subsidiary, which would oversee Fifa’s commercial activities, would be called “Fifa Forward Enterprises”.

If I see the word “forward” in a corporate initiative, I assume it’s either a diversity program that’ll get dropped after a couple years, a training video on how to exit a building during an emergency evacuation, or a blatant cash grab.

Take a guess which one I think this is. Continue reading...

This summary comes from Sport | The Guardian. Read the full article at the original source.

Read original article — Sport | The Guardian

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