Back to mobile site

Trump says he never spoke to FIFA leader about sale

July 31, 2026 12:46 PM EDT

Soccer Football - FIFA World Cup 2026 - Final - Spain v Argentina - New York/New Jersey Stadium, East Rutherford, New Jersey, U.S. - July 19, 2026 U.S. President Donald Trump and FIFA President Gianni Infantino during the trophy presentation after the mat

By Steve ‌Holland and ​Bo ​Erickson

CAMP DAVID, MARYLAND, July 31 (Reuters) - U.S. President ‌Donald Trump on Friday told reporters ⁠at Camp David that he ‌did not speak with ‌FIFA President Gianni Infantino about the world soccer governing body ​offering stakes to external investors.

FIFA said on Tuesday it ⁠plans to create a $20 billion subsidiary to ​run the World Cup and its other events and will ​offer stakes of ‌up to 20% in it to external investors.

Trump ⁠and Infantino have a close relationship after the FIFA World ⁠Cup in the United States this summer.

A ​vehicle founded by Joshua Kushner, the brother of Jared Kushner, U.S. President ‌Donald Trump’s son-in-law, is expected to lead the ‌proposed investor group, FIFA said.

(Reporting ⁠by Steve ‌Holland at ​Camp David, Bo Erickson in Washington; Editing by Caitlin ‌Webber)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters

Related Entities

Donald J. Trump