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European Commissioner vows to probe Fifa sell-off amid furious backlash
Sources
1
Category
business
City AM
29 Jul, 10:23
European Commissioner vows to probe Fifa sell-off amid furious backlash
Furious European Commissioner for Sport, Glenn Micallef, has vowed that the EC will investigate Fifa’s controversial proposals to sell stakes in a new commercial entity to outside investors. Football’s world governing body on Monday revealed plans to raise $4bn by selling minority holdings in a new vehicle, Fifa Forward Enterprise, that would control all commercial [...]
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