FIFA plans to accelerate the launch of a new World Cup spin-off venture and expects to receive its first financing from private investors in under 100 days, Sky News reports. The move is aimed at quickly mobilizing capital and building momentum for the new project as FIFA seeks additional revenue streams beyond its traditional tournament structure. The report suggests the organization is working toward a near-term timetable to secure commitments from investors and move into early development. More details on the venture’s scope and funding terms were not immediately provided.
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