Football power struggle caused FIFA World Cup plan fallout, says Kushner

Joshua Kushner, a U.S. businessman and partner at Thrive Capital, stated he would not have engaged in FIFA's proposal to sell commercial rights of the World Cup had he anticipated the backlash. He acknowledged that his firm underestimated the political dynamics of global football. The plan, aimed at creating a commercial subsidiary to attract private investment, was scrapped after criticism, despite the promise of raising funds for poorer football-playing nations.