The creation of FIFA Forward Enterprise, which is set to become a subsidiary of the world’s governing football body, FIFA, will boost the profits of FIFA member associations and contribute to the development of football worldwide, FIFA President Gianni Infantino said on Thursday. Through the FIFA Forward Program, funding would increase from $8 million to $20 million per FIFA Member Association, with the option to access a further $20 million through the new FIFA Fast Forward Program," Infantino noted. The choice belongs to our FIFA Member Associations, and we are here to discuss it with everyone," the FIFA president added. The Times daily reported earlier that Infantino planned to sell a share of the World Cup commercial rights to private investors under a scheme that could potentially bring him tens of millions of pounds. The plan involves the establishment of a company that will control the major men's and women's FIFA tournaments - the FIFA World Cup and the FIFA Club World Cup.