FIFA adviser on White House’s World Cup panel resigns to protest Infantino private equity plan
Summary
Carlos Cordeiro, a senior adviser to FIFA and member of the White House task force on the 2026 World Cup, resigned in protest against FIFA’s plan to sell part of its commercial rights to private investors. He opposed the idea of creating a $20 billion business subsidiary that would include private equity ownership, calling it harmful to the future of football.Key Facts
- Carlos Cordeiro resigned as a senior adviser to FIFA President Gianni Infantino over a private equity plan.
- FIFA plans to spin off its commercial businesses into a $20 billion company with 20% sold to private investors.
- The lead private investor is a New York firm linked to Joshua Kushner, brother of President Trump’s son-in-law.
- Cordeiro opposes selling a stake in the World Cup, calling it a “bad deal for football.”
- FIFA has billions in reserves and made $15 billion from the last men’s World Cup in four years.
- Cordeiro urged other FIFA staff to speak out against the plan.
- Infantino has been FIFA president for over 10 years and is expected to seek re-election soon.
- The deadline for any challengers for the FIFA presidency is November 18.
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