FIFA projecting financial windfall with global league

Some European soccer federations stand to earn up to $75 million every two years if plans for a new global league are approved as part of FIFA's $25 billion overhaul of competitions.

The extent of the windfall is outlined in a letter from FIFA president Gianni Infantino to members of his ruling council, which has been seen by Associated Press ahead of crucial meetings that could reshape the sport.

Infantino said an international consortium would underwrite guaranteed revenues of at least $25 billion over 12 years to create the Global Nations League on a two-year cycle for more than 200 national teams.