FIFA backs off World Cup private equity pitch after global fury: 5 things to know

FIFA pulled back late last week on an effort to cash in on the popularity of the World Cup by selling it to private equity as part of a broader investment strategy, a move that had sparked an international controversy and threatened the participation in the world’s most popular sporting event. At the center of it all was FIFA President...

FIFA pulled back late last week on an effort to cash in on the popularity of the World Cup by selling it to private equity as part of a broader investment strategy, a move that had sparked an international controversy and threatened the participation in the world’s most popular sporting event. At the center of it all was FIFA President...