UEFA prepares criminal complaint in Swiss courts against FIFA’s Infantino over World Cup sell-off
UEFA says the $4.2 billion plan was an off-market deal that could have given Infantino and allies a permanent stake in FIFA assets.
- On Thursday, UEFA filed documents in a Manhattan court requesting discovery from Thrive Capital Management, founded by Joshua Kushner, while preparing criminal claims in Switzerland against FIFA President Gianni Infantino.
- Infantino's aborted proposal to sell a 20 per cent stake in World Cup commercial events for $4.2bn sparked the legal action after triggering a furious backlash from global soccer leaders.
- UEFA's filing alleges the $4.2bn price represented "an absurdly low enterprise value" and was "neither the product of an open, competitive auction, nor tested by any independent valuer."
- On August 1, Infantino abandoned the sell-off plan following intense pressure from global soccer leaders, yet UEFA continues pursuing the discovery request to investigate potential financial misconduct.
- UEFA counsel is preparing criminal complaints against Infantino for "criminal mismanagement" under the Swiss Criminal Code, utilizing the Manhattan discovery request to secure evidence for Swiss proceedings.
249 Articles
249 Articles
Uefa prepares to bring legal suit against Fifa president Infantino for 'criminal mismanagement'
The Uefa suit will accuse Gianni Infantino of ‘criminal mismanagement’ over his now-shelved plan to bring private financing into the World Cup, according to prepared documents.
UEFA goes to US court for documents and evidence to prepare Swiss criminal case against Infantino
UEFA is seeking evidence in the United States as it considers criminal proceedings in Switzerland against FIFA president Gianni Infantino over the abandoned FIFA Forward Enterprise plan. UEFA alleges the proposal undervalued FIFA’s commercial assets, was developed secretly, and could have harmed FIFA and its members. The dispute intensifies pressure on Infantino ahead of FIFA’s 2027 presidential election.
UEFA is preparing a complaint under Swiss law because of its aborted project to open the World Cup to private investors.
The European football association UEFA increases the pressure on FIFA leader Infantino: In connection with the now rejected investor plan, UEFA is preparing a lawsuit against the president of the World Football Association.
UEFA analyzes a criminal complaint against Gianni Infantino for alleged unfair management linked to FIFA Forward Enterprise.
REPORT: UEFA to File Criminal Complaint Against FIFA's Infantino over World Cup Sell-Off
UEFA is preparing to file a criminal complaint against FIFA President Gianni Infantino in response to his ill-fated attempt to sell $20 billion worth of World Cup stakes. The post REPORT: UEFA to File Criminal Complaint Against FIFA’s Infantino over World Cup Sell-Off appeared first on Breitbart.
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