Infantino Proposes $20bn Private Capital Injection to Privatise the World Cup

Following the 2026 World Cup, FIFA president Gianni Infantino proposed privatising the tournament by bringing in $20bn of private capital, with involvement from JP Morgan and Thrive Capital, the investment vehicle run by Joshua Kushner. The proposal has prompted calls for independent governmental and NGO oversight of FIFA to protect football as a public institution. A $20bn privatisation of the World Cup would fundamentally reshape how football's flagship tournament is owned, governed, and run — shifting it further from public accountability toward private financial interests.