FIFA PLANS TO FORM NEW COMMERCIAL SUBSIDIARY AND SELL STAKE

FIFA has announced plans to form a commercial subsidiary and to sell a non-controlling interest to private investors. It needs approval from member associations, but is claiming that it will benefit them financially.

Deutsche Welle reports that fIFA has announced plans to form a commercial subsidiary and to sell a non-controlling interest to private investors.

The report adds: It needs approval from member associations, but is claiming that it will benefit them financially.

This is a developing report. DAMMNEWS will surface related coverage as closely matched reporting enters the live cache.

DAMMNEWS RSS BRIEFING — generated locally from the available Deutsche Welle headline and RSS excerpt. It is not a summary of the full source article.