FIFA's $20 billion plan would sell a stake in the World Cup to private investors for the first time

FIFA, working with JP Morgan, plans to sell 20% of a new $20 billion entity holding World Cup rights to private investors — raising up to $4.2 billion. It would give outside financial interests an ownership stake in the World Cup for the first time. The FA, UEFA and Concacaf have all condemned the plan, which they only learned about through media reports.