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UEFA prepares criminal complaint in Swiss courts against FIFA’s Infantino over World Cup sell-off
- 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.
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Uefa is preparing a lawsuit against Fifa President Gianni Infantino.
·Berlin, Germany
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