Summary
FIFA plans to sell a minority stake in the World Cup to investors, including JPMorgan and Joshua Kushner’s Thrive Eternal, in a deal valued at $20 billion.
Summary of transaction details:
- Value: $20 billion
- Sector: Sports
- Advisor: Not disclosed
- Key Entities: FIFA, JPMorgan, Thrive Eternal
- Location: Global
Note: The deal aims to make international football more transparent and accountable, while raising funds to develop the game. The investment is expected to bring in new revenue streams, such as media rights and sponsorship deals, and expand the sport's reach into new markets.
Lead Investor / Acquirer
JPMorgan
Lead Investor / Acquirer
Joshua Kushner’s Thrive Eternal
Advising Broker
Undisclosed Firm
Related Deals in Sports
Series A prioritisedOriginal Source
View the original press release or news article describing this transaction in full.
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