Gianni InfantinoFIFA President, Gianni Infantino, has written to all 211 member associations, offering up to $40 million in funding if they approve a controversial proposal to sell minority stakes in the governing body’s flagship competitions. Under the plan, member associations that endorse the proposal by 19 September will gain immediate access to an initial $20 million from 1 January 2027, with a further $20 million expected later. The funds will come from the sale of a minority stake in FIFA Forward Enterprise, a commercial subsidiary created to maximise revenue through private investment. FIFA believes the initiative could generate as much as $10 billion, with the new subsidiary set to oversee the commercial rights of major competitions, including the FIFA World Cup. The FA added it would state its position once FIFA provides full details of the plan.