On Friday, July 31, 2026, President Donald Trump told reporters at Camp David that he did not speak with FIFA President Gianni Infantino regarding the world soccer governing body's proposal to offer stakes to external investors. This statement comes after FIFA announced on Tuesday that it plans to create a $20 billion subsidiary to manage the FIFA World Cup and other events, offering up to 20% ownership stakes to outside investors.

Despite the close relationship between Trump and Infantino following the FIFA World Cup held in the United States this summer, Trump denied any discussions about the sale. FIFA also revealed that a vehicle founded by Joshua Kushner, brother of Jared Kushner—President Trump's son-in-law—is expected to lead the proposed investor group.

Sources