Thrive Capital's Kushner Regrets Backing FIFA's Scrapped $4.2B Investment Plan
Joshua Kushner, founder of Thrive Capital, stated that his firm would not have participated in the FIFA Forward Enterprise deal had it foreseen the political backlash. The proposal, which would have given private investors a 20% stake in a new commercial subsidiary for $4.2 billion, was abandoned in late July. UEFA is now reportedly preparing a criminal complaint against FIFA officials over how the plan was developed.
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Original headline: “Josh Kushner says Thrive would have stayed away from FIFA’s $4.2 billion World Cup deal if it had known what was coming.” Browse more stories.