UEFA warns FIFA of legal action over Infantino's failed World Cup sell-off plan
UEFA has threatened FIFA with legal action following a failed proposal by Gianni Infantino to sell future World Cup profits to private investors. UEFA has demanded that FIFA executives preserve all relevant documentation, citing concerns over potential evidence destruction.
Why it matters
The dispute signals a major rift in global soccer governance and raises questions about the financial transparency and decision-making processes of FIFA.
By GRAHAM DUNBAR Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] Leer en español --> Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. --> Share
NYON, Switzerland (AP) — European soccer body UEFA has threatened FIFA with legal action over Gianni Infantino’s failed plan to sell a stake in future World Cup profits to private investors, and said any potential evidence should not be destroyed.
Infantino’s secretive proposal to raise $4.2 billion from investors including the New York investment firm of Joshua Kushner was dropped early Saturday, days after the revelation in media reports provoked a global furor.
UEFA led the backlash and on Thursday its 55 member federations met to agree boycotting all FIFA events and competitions while the proposal was active.
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