FIFA says it hopes to sell a stake worth about $4.2 billion in the business operations tied to the World Cup and its other competitions. The plan would be carried out through a newly created semi-private subsidiary, marking a notable shift in how the governing body structures the commercial side of its tournaments.

The move centers on packaging the business activities around FIFA events into a separate vehicle that could bring in outside investment. Based on FIFA's outline, the proposed entity would cover revenue-generating operations linked to its flagship competitions rather than changing the sporting format itself.

For FIFA, the proposal points to a broader effort to unlock value from the World Cup and related tournaments. A deal of this size would underline how attractive football's biggest global events remain to investors, especially when media, sponsorship and event-related commercial rights are involved.

While the full implications have yet to be detailed, the announcement signals that FIFA is exploring a more corporate and investment-driven model for managing tournament business operations. More clarity is likely to depend on how the subsidiary is structured and what share of those activities FIFA ultimately decides to sell.