REPORT TO CITY COUNCIL AND STADIUM AUTHORITY BOARD
SUBJECT
Title
Action on the Proposed FIFA World Cup 2026 Assignment and Assumption Agreement with Bay Area Host Committee and Forty Niners Stadium Management Company LLC (ManCo), Proposed "Field Improvements" Required by FIFA in Connection with the Event, a Guaranty of Certain 2026 FIFA World Cup Obligations Executed by Forty Niners Football Company LLC (TeamCo) in favor of the City and Stadium Authority, and Related Actions
Report
COUNCIL AND BOARD PILLARS
Enhance Community Engagement and Transparency
Ensure Compliance with Measure J and Manage Levi's Stadium
EXECUTIVE SUMMARY
In 2026, Levi's Stadium is scheduled to host six FIFA Men's World Cup 2026 ("FWC26") matches between June 13 - July 1, 2026.
This report presents background information and details on a proposed FWC26 Assignment and Assumption Agreement that has been negotiated by business and legal staff of the City/Stadium Authority and various third-party stakeholders (the Bay Area Host Committee, FIFA, and several business entities associated with the San Francisco Forty Niners). These entities and their respective roles are described later in this report.
Since early 2023, all parties have generally agreed that in order to host the World Cup Event at Levi's Stadium and mitigate financial risks to the City of Santa Clara and the Santa Clara Stadium Authority (two public entities), an assignment of all obligations under the World Cup Stadium Agreement would be needed. (A copy of the World Cup Stadium Agreement and related Addendums can be found on the City's website at https://www.santaclaraca.gov/our-city/santa-clara-stadium-authority/super-bowl-60-and-fifa-world-cup.) The World Cup Stadium Agreement commits the Authority to make Levi's Stadium available for FWC26 matches on terms that were dictated by FIFA applicable to all the proposed World Cup venues as part of the bid process. The agreement was signed by representatives from the United St...
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