FIFA turns to private equity for CWC funding and hope it will Raine $$$

By Samindra Kunti

February 25 – Billions, billions and more billions. That seems to be a core part of Gianni Infantino’s  modus operandi as supremo at FIFA. His latest trawl for cash has seen the world federation acquire the services of American financial firm Raine Group to seek the $1 billion the organisation will need to kick-start a revamped 24-team Club World Cup in 2021.

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