Fifa president Gianni Infantino told attendees at the governing body’s Council meeting last month that a group of investors are willing to pay about $25bn (€20bn) to secure control of an expanded version of the Club World Cup, as well as the rights to a league of national teams, according to the New York Times.
The newspaper reported that the investors are from the Middle East and Asia, according to Infantino (pictured).
The members of the investment fund would decide where the tournaments would take place, as well as controlling the rights for up to three editions of the competitions, but few other details were disclosed.
The identities of the individuals were not revealed, but the president of football’s global administrative body said that they were seeking a quick decision on their offer.
The report added that Infantino had committed to a non-disclosure agreement, but the Fifa Council rejected his call to press ahead with the proposal and instead requested further information.
The New York Times, citing attendees at the meeting in Bogotá, Colombia, said that Infantino had been approached earlier this year about taking the Club World Cup, which currently features seven clubs, to China and Saudi Arabia.
Under the proposal presented by Infantino, the Club World Cup would be expanded to a quadrennial tournament with a minimum of 12 teams from Europe.