26WorldCup 2026North America
/
no matches today
Back to News
World Cup News

FIFA puts a September 19 deadline on its World Cup investment plan — and offers members double the money to say yes

The fight over FIFA's plan to sell a stake in the World Cup's commercial arm has a date and a price on it now. In a letter to all 211 member associations on Wednesday, president Gianni Infantino set September 19 as the deadline to accept, and spelled out the money: approve the plan and each association is promised $20 million; reject it and members get only the $10 million they were already due. UEFA, which is leading the opposition, controls just 55 of those 211 votes.

Jul 29, 2026 16:442 min readComments open
Share

A letter and a date

Infantino set the September 19 deadline in a letter to FIFA's 211 member associations on Wednesday, seen by The Associated Press. He called the plan a "singular and unique funding opportunity" and wrote that "it is my duty and responsibility as FIFA president to present such game-changing opportunities to you, our members." The proposal itself surfaced on July 28; Chant 26 covered its outline and the confederations' objections the next day. What moved now is that the proposal has a deadline and a set of numbers attached.

The money on the table

The letter frames it as a choice with money on both sides. If the subsidiary — FIFA Forward Enterprise — is approved by a majority of the 211 associations, each is promised $20 million tied to the four-year commercial cycle around the 2030 World Cup. If it is rejected, members receive only the $10 million they had previously been promised over the next four years. The share sale would be led by J.P. Morgan, with Joshua Kushner's firm Thrive as the anchor investor; Joshua is the brother of Jared Kushner, U.S. President Donald Trump's son-in-law. The Japan Football Association is one of the 211 associations weighing $20 million against $10 million.

A numbers game

The reason for a deadline and a funding offer sits in the vote arithmetic. FFE needs a simple majority of the 211 associations to proceed. UEFA, the loudest opponent, speaks for only 55 of them. The rest are the mid-size and smaller associations of Asia, Africa, CONCACAF, South America and Oceania, for whom doubled development funding is a live financial question. Analysts at outlets including CNBC and Outlook have noted that unless the confederations unite in opposition, Infantino likely has the numbers to win. The September 19 deadline and the yes/no gap in funding are the levers meant to hold that majority together.

The pushback is hardening

Opposition is moving fast too. UEFA is expected to call its 55 members to an emergency online meeting, likely on Thursday. CONCACAF said it was "deeply concerned by the lack of due process." The Asian Football Confederation said it was "disappointed that a matter of such significance entered the public domain" before the AFC family could examine and discuss it. Britain's new prime minister, Andy Burnham, said flatly that "football does not belong to investors." These are statements of opposition, not decisions that stop the plan. The approval process still runs toward September 19.

What it means for Japan

Two lines run to a Japanese reader. The JFA is one of the 211 associations that will vote, and the $20 million-versus-$10 million figure lands directly on its books. And the confederation the JFA belongs to, the AFC, is already among those objecting to how this was handled. How the JFA itself will vote has not been made public. What moves next is Thursday's UEFA meeting, and whether the confederations — Asia's included — can keep their member associations aligned before September 19.

Related Links

Links to the official releases and reporting used for this article.

Share
Follow Chant

Get new stories on Japanese players, local ratings, and transfers in your timeline.

Features — Enter through stories
Featured and related reads
Comments

Enjoy the football together

Checked before posting

Google sign-in is required to post. The site does not store your email address or real name; it shows only a thread-specific anonymous supporter ID. Comments are checked before publishing.

Sign in with Google to comment, like, or use yellow cards.
0/600
No comments yet.