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JP Morgan Chase gunning for Derby County's record low points total at this rate

And now he should resign

Key distinction now clear: FIFA's proposal ties FFE creation to the equity sale. FIFA’s proposal to members is absolute: FFE with an accompanying stake sale, or no FFE at all. In effect: agree to a sale or we won't maximise revenues @theathleticfc.bsky.social www.nytimes.com/athletic/748...

FIFA insists ‘nobody is selling football’, pushes ahead with consultation plan despite backlash (Gift Article)It follows European confederation UEFA and Concacaf, the confederation of North, Central America and the Caribbean, rejecting the plans.www.nytimes.com

Important: FIFA claim one-off $20m available to members, provided by the sell-off, is for "long-term development" projects, but members only have until 19 September to assent So 53 days to cost and plan long-term projects and work out best way to get value from an arbitrary sum

For those keeping score, here's how FIFA's 211 members break down by confederation: • UEFA: 55 ❌ • CAF: 54 🤔 • AFC: 46 😠 • CONCACAF: 35 ❌ • OFC: 11 🤔 • CONMEBOL: 10 🤷‍♂️

Hard to take stock when new twists are flying in every hour but football could well be witnessing the real-time defenestration of a FIFA president who less than a fortnight ago thought himself invincible and the mastermind behind "the best show in the world". Delicious hubris

CONCACAF statement especially significant given quite a lot of CONCACAF nations rely on FIFA for a majority of their funding - and have thus largely got in line until now

On BBC 5 Live shortly after, erm, 5 to discuss YET MORE FIFA

How much FIFA needs UEFA's teams is pretty obvious but, to put some numbers to it, performance-based prize money: • 2025 Club World Cup: 12 UEFA teams (out of 32 total) took home 67% of the pot • 2026 men's World Cup: 16 UEFA teams (out of 48 total) took home 57% of the pot

Cape Verde currently favourites for the 2030 World Cup

Extraordinary statement from UEFA

Oh boy

'Inviting private investment to the table hardly points football in the direction of philanthropy; they will want their money back and more. Private capital and global development, which FIFA repeatedly cites itself as an important player in, tend not to be bedfellows.' 👇

FIFA want to set up a new subsidiary, shift the World Cup there...then sell off a chunk of it for billions and give all of it to member associations. But what are they actually proposing? Is it akin to other sports? And...why?! Analysis @theathleticfc.bsky.social www.nytimes.com/athletic/747...

Breaking down FIFA’s stake sale, how it compares to other sports and whether it’s necessary (Gift Article)The intention is to raise $4.2billion from outside investors, which led to the narrative that FIFA wants to sell (part of) the World Cupwww.nytimes.com

I, for one, am shocked that CAF, which in a non-AFCON year derives around a third of its revenue from FIFA already, is the first confederation to make a statement that doesn't condemn all of this

Thing is, FIFA reckon just by hiving out commercial and events operations into a single, focused entity, they can generate enough to pay 211 member associations $4.2bn in 2027-30, $4.6bn in 2031-34 and $5.1bn in 2035-38, so why the need for a one-off equity sale too...

What do you mean this is the perfect time to plug 8,000 words on FIFA's finances?

On BBC Radio Scotland talking latest FIFA shenanigans imminently

Thing about FIFA readying to sell off the World Cup, while no less scandalous for this fact, is it's the inevitable path for a sport that has for too long whored itself out to the highest bidder, no matter the money's provenance. Many in charge have forgotten what 'sport' means

Hard to overstate the amounts being offered up to member associations by FIFA under the plan to sell off commercial rights to the World Cup (+ others). Money on offer would, in several instances, be more than 100% of a member's current total annual revenue And that equals a lot of line-toeing