RESOLVING THE LEDGER
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See the full story · 4 sourcesFresh off what was, in spite of everything and largely with no thanks to himself, the tremendous success of the 2026 World Cup, FIFA President Gianni Infantino was always going to find a way to turn that success into a monument to his own vanity and greed . What is surprising is just how quickly he managed to squander whatever undeserved good will he had generated during the tournament. On Tuesday, just eight days after Spain won the World Cup for the second time, Infantino and FIFA announced a plan to create a $20 billion subsidiary to run the World Cup and its other events, offering stakes to private investors worth up to 20 percent. The World Cup was for sale, in other words—and, to make matters even more ridiculous, that sale was going to be overseen by Josh Kushner, the brother of President Trump’s son-in-law Jared Kushner.
Where we go from here is anyone’s guess. UEFA, which oversees European soccer, has already unanimously voted to boycott all subsequent FIFA tournaments if the measure passes. Those tournaments very much include the 2030 World Cup, which is set to partially be hosted in Portugal and Spain—and would mean eleven of the top 20 ranked nations in the world would miss out on FIFA’s premier competition. CONCACAF, which oversees soccer in North and Central America and the Caribbean, voted to “reject” the sell-off hours later. If the backlash grows, Infantino’s presidency—or even FIFA—could be destroyed.
How we got here is much clearer, however. The 2026 World Cup, hosted primarily in the United States, was a lesson in avarice for the already power-and money-hungry Infantino. Hobnobbing at every opportunity with the president and his cronies, Infantino came away with a clear lesson: Though he is plenty corrupt and greedy, he wasn’t being corrupt and greedy enough. Modeling both his public persona and his leadership of FIFA increasingly on Trump, Infantino is now making a move that could be the centerpiece tournament of global soccer—and make him and his allies fabulously wealthy.
FIFA, not Trump or America, may have been fully responsible for the 2026 World Cup’s most irritating quirks : the commercial breaks disguised as pauses for “hydration”; the championship rings; the godawful halftime show; and, of course, the insanely inflated cost of everything. Infantino may be an evangelist for soccer’s power as a force for harmony, togetherness, and collective prosperity, but in practice everything always comes back to the bottom line. For FIFA and its bald president, the United States was an unmissable opportunity to line pockets and no potential source for revenue was missed. Even the grass on the pitch for the final was sold by the square.
There were howls of outrage at Infantino’s brazen profit-seeking throughout the tournament. FIFA is ostensibly a nonprofit, but Infantino holds onto power by distributing its revenue to its 211 member nations—many of which are allowed to spend it with minimal, or even nonexistent, oversight. For Infantino, the 2026 World Cup was a once-in-a-generation opportunity to deliver the goods for his clients, as the World Cup is never held in a nation this wealthy and hypercapitalistic. But it also was an opportunity to put his own spin on the World Cup. For Infantino, the World Cup is a luxury experience , one available only to oligarchs and autocrats. It seems clear Infantino increasingly sees himself as the latter—the god emperor of global soccer.
For all the deserved grousing about that Americanization—and about Infantino’s cozy, obsequious relationship with Trump—the World Cup was largely a success, at least from Infantino’s perspective. His refusal to speak out when teams were harassed and a Somali referee was literally prevented from entering the U.S. may have been pathetic, while FIFA’s decision to reverse a red card for U.S. striker Folarin Balogun was astonishingly corrupt even by the organization’s standards. But the outcry that followed those incidents never fully subsumed the competition, which was largely excellent and was, by financial metrics, the most successful (i.e. profitable) in history.
One way to read Infantino’s decision to partner with Kushner to quite literally sell the World Cup is that he now feels untouchable. His critics hit him hard and repeatedly during the tournament, but it did not change the fact the World Cup is bigger than any controversy or criticism. Recognizing this, Infantino decided that no one can lay a glove on him because he—not FIFA—owns the World Cup. He is behaving like a king, even more so than usual.
Another, however, is that Infantino is tired of his critics and wants to cement his status as the god emperor of global soccer. On Monday, a day before the announcement that he planned to sell a portion of the World Cup to private investors, he released an extraordinarily petulant 15-slide statement on Instagram aimed at his detractors.
“Sorry that the matches are now over and sorry that you missed all that joy and togetherness. Sorry that you were so consumed by hate and criticism that you missed it all,” the FIFA posted on Instagram. “To those behind their pens and papers, behind their screens spreading hate and false rumours, I want to say that while you are sitting behind, we at FIFA are on the frontlines organising, working hard, and delivering the best show in the world.” Infantino is a wealthy and powerful adult, but this is the pose of a 15-year-old who overheard their supposed “friends” picking on them at a school dance. Of course, it also sounds like Trump, who increasingly appears to be Infantino’s hero, idol, and model.
The backlash from UEFA—which has waged a proxy war against Infantino for years—should have been predictable. The argument against privatizing the World Cup is obvious and simple: It makes no long-term strategic or financial sense. Owning the World Cup, all of it, is what gives FIFA power. Trading that to investors for a one-time windfall makes no sense at all, e...
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