Growing movement to boycott World Cup amid FIFA's controversial private equity plans

Core Impact Points

• FIFA's Gianni Infantino announced plans to sell off the World Cup and other competitions to private equity investors.
• The move has sparked an international boycott movement, with critics arguing it will lead to increased commercialization and exploitation of players.
• Josh Kushner, a brother of President Trump's son-in-law Jared Kushner, is among the private equity investors involved in the deal.
• The boycott movement is expected to impact the US market, with potential losses for American businesses and sponsors involved in the World Cup.
• Critics argue that the sale of the World Cup will lead to a loss of control for FIFA and its member countries, potentially undermining the tournament's integrity.
• The controversy has also raised concerns about the role of private equity investors in sports and their potential impact on player welfare and fair play.