Football

Gianni Infantino Urged FIFA Leaders to Approve Confidential $4.2 Billion Agreement Before Deadline

  • Authored By: Sports Now
  • Updated Aug 7, 2026, 16:52 IST

FIFA executives experienced significant pressure and faced a tight timeline to endorse President Gianni Infantino's covert proposal for selling a 20% share to U.S. investors.

Gianni Infantino Urged FIFA Leaders to Approve Confidential $4.2 Billion Agreement Before Deadline

FIFA President Gianni Infantino's controversial initiative to sell a 20% stake in the organization has come under scrutiny after senior officials were given a mere few hours to approve the proposal. This rushed decision-making process has raised concerns among some members who feared the repercussions of opposing Infantino, a figure known for his significant influence within FIFA.

The potential buyers for the stake included a group of investors led by Joshua Kushner, brother of Jared Kushner, former President Donald Trump's son-in-law. The deal aimed to generate approximately $4.2 billion, valuing FIFA at around $20 billion. If successful, this move would have marked a significant shift for FIFA, which has operated as a non-profit entity for nearly a century, potentially increasing the control of American businessmen over global football.

Emergency Meeting at Waldorf Astoria

According to a report from The New York Times, a five-member FIFA management board was summoned to an urgent meeting at the Waldorf Astoria in New York just before the 2026 World Cup final. The attendees included Secretary General Mattias Grafstrom, Legal Head Emilio Garcia, Chief of Staff Dan O’Toole, Chief Operating Officer Kevin Lamour, and Finance Chief Thomas Peyer. Most of these officials were reportedly unaware of the proposal, which had been crafted in secrecy.

During the meeting, they were informed that they had until midnight to approve the plan. Although Infantino was not present, the atmosphere suggested that he would react negatively to any delays or rejections. This led to private discussions among the officials about the potential fallout of opposing Infantino, whose authority significantly impacts the careers of senior FIFA members. Ultimately, Grafstrom, Garcia, and O’Toole voted in favor of the proposal, while Lamour and Peyer opposed it, resulting in a narrow 3-2 majority that allowed Infantino to proceed.

Backlash and Fallout

The proposed deal, which encompassed broadcasting, sponsorship, licensing, and ticketing, was met with immediate backlash following reports from The Times and Financial Times on July 28. The European football governing body, UEFA, threatened to boycott FIFA competitions, including the World Cup, unless Infantino resigned. By July 31, Infantino had abandoned the proposal, but the controversy continued to unfold.

FIFA later issued an apology to its members, while UEFA reiterated its call for Infantino's resignation. This incident has not only raised questions about the proposed stake sale but also highlighted concerns regarding Infantino's leadership style and the pressure faced by senior officials when challenging his decisions. Although Infantino remains in his position following an emergency meeting, various football associations worldwide are now rallying to prevent his re-election.

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