FIFA is proposing a $6.35B development fund for the next four-year cycle, including $25M for each national association and $99M for each continental confederation. The plan follows stronger-than-expected revenue, with FIFA projecting $15B for the 2022-26 cycle. via AP |

FIFA signed a more than seven-year lease worth about $4M for office space in Trump Tower, but the location reportedly sits mostly empty. The deal raised concerns among senior FIFA officials, while FIFA defended the arrangement, saying it paid market-level rent. Via @nytimes |

FIFA is accusing UEFA of spreading “misinformation” against its president, Gianni Infantino, ahead of next year’s election for FIFA president, escalating a legal battle between soccer’s two most powerful governing bodies. At the center of the fight is an abandoned plan to put FIFA’s World Cup broadcasting, sponsorship and other commercial rights into a new company, then sell investors a $4.2 billion ownership stake in it. UEFA argues FIFA’s hugely valuable World Cup commercial rights were being valued too cheaply in the proposed deal and that the plan was developed without proper consultation. It is now seeking evidence in the U.S. for a planned criminal complaint against Infantino in Switzerland, while FIFA denies wrongdoing and says UEFA is trying to influence the election. Source: Reuters / Writer: Mhedi