FIFA President Gianni Infantino plans to sell shares in the World Cup to private sector investors.
The British newspaper The Times reported that the administration of US President Donald Trump was consulted about the plan, which involves establishing a company to manage FIFA men's and women's tournaments, the World Cup and the Club World Cup.
Each of the 211 member federations will receive a share that they can retain or sell to generate income.
The Times reported that a senior football figure views the plan as a "nuclear bomb" for the game, as the proposals indicate that FIFA will own the majority of the company, while private sector investors will buy between 20 and 30 percent, and member organizations will receive a small 20 percent share.
According to the reliable newspaper, this scheme could bring the head of the governing body tens of millions of pounds sterling.
The report claimed that the project raised concerns that private sector investors would exert pressure on the selection of countries hosting the men's World Cup, where maximum commercial success could be achieved.
The report adds that American businessman Joshua Kushner, brother of Jared Kushner who is married to Ivanka, Trump's daughter, is considered the main investor alongside an American bank.
Infantino, aged 56, is scheduled to be re-elected as FIFA president until 2031, with no competitor for the position.