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Value £3,160,000,000
Summary
Fifa plans to raise over $4bn by selling stakes in a new subsidiary, Fifa Forward Enterprise, to manage commercial rights to the World Cup and Club World Cup.
Summary of transaction details:
- Value: $4bn
- Sector: Sports
- Advisor: JPMorgan
- Key Entities: Fifa, Uefa, Fifa Forward Enterprise
- Location: Global
Note: The move is expected to increase central revenue distributions to Fifa's member associations, but has been criticized by Uefa for potentially compromising the governance of football.
Lead Investor / Acquirer
Undisclosed Group
Advising Broker
JPMorgan
Original Source
View the original press release or news article describing this transaction in full.
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