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  • 5 hours ago
Finance expert Kieran Maguire thinks plans to seek private investment will benefit president Gianni Infantino
Transcript
00:00well Infantino is proposing setting up a new company which will be responsible for FIFA's
00:08commercial activities and that new company will be open to external investment now FIFA historically
00:16has always positioned itself as a charity has always positioned itself as a non-profit making
00:21organization and as far as those investors are concerned we won't know who they are
00:27but they could be putting in substantial sums. Do you think that Infantino will personally benefit
00:34from this? Well it'll be interesting to see he is up for re-election until 2031
00:40at present it would
00:42appear that he's got the the African Federation the Asian Federation CONCACAF all appear to be
00:48in
00:48favor of voting for him that's 110 votes out of 211 if you take a look at the
00:54last set of FIFA accounts
00:56he was paid six million dollars that's on top of a fairly nice lifestyle of five-star hotels
01:04executive jets and so on so does he need more money no but but when you speak to multi-
01:11millionaires
01:11they always want the next million
01:13you
01:13you

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