Explained: FIFA plan for Kushner-backed $20 billion operation to run World Cup meets fury from Europe's UEFA

FIFA President Gianni Infantino plans to create a $20 billion company called FIFA Forward Enterprise (FFE) to run competitions including the World Cup, with private investors including the Kushner family

FFE (FIFA Forward Enterprise)

Proposed commercial subsidiary of FIFA that would run competitions like the World Cup and Club World Cup

Minority, non-controlling interests

Type of investment stake being sold to investors, giving them a share without control over the entity

Equity valuation

The estimated total value of a company used as a basis for selling ownership stakes

FIFA Congress

A meeting of FIFA's member federations to make decisions, including confirming World Cup hosts

FIFA Council

FIFA's ruling body, chaired by Infantino, involved in decisions about the new plan