(Photo: AFP)PARIS, France (AFP) — FIFA said yesterday that it plans to sell a stake in the business operations of the World Cup and its other competitions through the creation of a semi-private subsidiary. In June, ahead of the World Cup, FIFA, which folds competition income into revenue for the whole year, anticipated record revenues exceeding US$8 billion for 2026. In 2019, a FIFA stakeholders’ committee rejected an Infantino-backed plan for a US$25-billion private investment in an expanded Club World Cup. The Times speculated that the creation of FFE could have an impact on the World Cup and the Club World Cup. Estimates for its losses when ISL, which negotiated World Cup rights deals, went bust in 2001 were anywhere between US$30 million and US$115 million.