US President Donald Trump stated that he did not speak with FIFA President Gianni Infantino regarding the world soccer governing body's plan to offer stakes to external investors.
While at Camp David, Maryland, Trump replied 'No' when reporters asked whether FIFA or Gianni Infantino had contacted him ahead of the proposal.
FIFA investment proposal
FIFA plans to establish a $20 billion subsidiary to manage the World Cup and its other competitions.
Maximum stake FIFA plans to offer external investors in its new subsidiary
According to FIFA, a vehicle founded by Joshua Kushner—the brother of Jared Kushner, the son-in-law of Donald Trump—is expected to lead the proposed investor group.
Relationship between Trump and Infantino
Gianni Infantino and Donald Trump developed close ties during the World Cup in the United States this summer.
In December, Infantino presented Trump with FIFA's inaugural Peace Prize.
Infantino is 56 years old.