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FIFA ditches plan to seek private investment for World Cup

Sports 1 source 1 country 🔦 Under-reported 15m ago

FIFA has scrapped plans to cash in on the popularity of the World Cup by selling a share of it to private equity as part of what it said earlier this week was a broader investment strategy, the federation said late Friday. The plan, which would have sought private investment to the tune of around $10 billion in exchange...

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Read the full story at the source The Hill · US
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