Kushner states regret over World Cup sell-off plan
Venture capitalist Joshua Kushner says he would not have got involved in Fifa president Gianni Infantino's scrapped plan to sell off stakes in the World Cup if he had known how the football world reacted.
Venture capitalist Joshua Kushner, linked to the aborted plan to sell stakes in the World Cup, now regrets his involvement. During his first public remarks since the scrapped Fifa Forward Enterprise (FFE) scheme caused a major crisis, Kushner expressed regret stating, "Had we known what this would devolve into, we would not have gotten involved."
The brother of Donald Trump's son-in-law claimed he had failed to grasp the political complexities of global football. However, Kushner defended the proposal's intentions, asserting, "We stand behind the motivations of FFE," which aimed to equally distribute $4.2bn (£3.1bn) among Fifa's 211 member associations.
Written by urgent.news from BBC Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Musk lawyer Spiro to represent Kushner in World Cup sell-off legal row cityam.com
- Kushner states regret over World Cup sell-off plan adomonline.com
- Joshua Kushner blames ‘political dynamics’ for collapse of plan to sell World Cup stakes timesofisrael.com
- Kushner blames soccer power struggle for World Cup plan collapse nst.com.my
- Jared Kushner's brother breaks silence on World Cup sell-off plans news.sky.com
- Kushner states regret over World Cup sell-off plan sports.yahoo.com
- Kushner states regret over World Cup sell-off plan bbc.co.uk
- Kushner states regret over World Cup sell-off plan myjoyonline.com