Kushner Regrets World Cup Sell-Off Plan

Venture capitalist Joshua Kushner said he regrets joining Fifa president Gianni Infantino's scrapped plan to sell stakes in the World Cup, according to BBC. Kushner said he had failed to appreciate the political dynamics of global football, but defended the proposal's aim of directing more capital and equity equally among Fifa's 211 member associations. Thrive Eternal, the firm founded by Kushner, had discussed leading a $4.2bn investment in 20% of a new Fifa commercial subsidiary before the idea was abandoned in July after a backlash. BBC reported that Uefa has since asked a court in New York to approve subpoenas for testimony and documents from Kushner and Thrive as it considers a criminal complaint against Infantino in Switzerland.