FIFA Loses New York Court Ruling Against European Soccer Body UEFA in World Cup Investor Case
The ruling lets UEFA continue seeking documents and testimony from FIFA-linked entities as it weighs a possible Swiss criminal complaint over Infantino’s abandoned investor plan.
- On Thursday, Manhattan District Judge Jeannette Vargas denied FIFA's American subsidiaries' request to block UEFA from obtaining evidence for a potential Swiss criminal case against FIFA President Gianni Infantino over the abandoned FIFA Forward Enterprise plan.
- The abandoned $20 billion FFE proposal aimed to sell a stake in a subsidiary running World Cup tournaments, but triggered global backlash and caused the biggest crisis of Infantino's near 11-year presidency.
- Judge Vargas wrote that the American FIFA subsidiaries "do not have a direct, substantial and legally protectable interest" in the proceedings, finding no facts suggesting they would be defendants in any potential criminal action.
- UEFA is pursuing discovery as part of a strategy to remove Infantino, who faces an election challenge from veteran Japanese official Kohzo Tashima ahead of a deadline next Wednesday for candidates to enter the contest.
- Infantino plans to stand for reelection in March and must pass an eligibility and integrity check by a FIFA-appointed panel, while FIFA's cash reserves remain at more than $5 billion following the recent World Cup.
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UEFA closer to seeing FIFA Forward Enterprise documents
UEFA is one step closer to uncovering how FIFA Forward Enterprise was developed, adding pressure on Gianni Infantino ahead of the presidential election. A US court has foiled FIFA’s attempt to block UEFA from obtaining documents linked to Gianni Infantino’s abandoned World Cup investment plan. Judge Jeannette Vargas, of the US District Court for the […]
UEFA is considering legal action against Gianni Infantino, following the case with the documents concerning the granting of commercial rights to the World Cup to private investors. The post The UEFA – FIFA war is escalating: The European Federation is preparing to take legal action against Infantino (pic) appeared first on in.gr.
UEFA has scored its first legal victory against FIFA in the dispute over Gianni Infantino's plan to sell a stake in the World Cup to private investors. A New York court on November 12 rejected FIFA's request to stop gathering evidence in the case. The ruling gave European football's governing body access to documents, financial assessments and lists of potential investors that should shed light on the background to the FIFA Forward Enterprise (F…
A NEW YORK COURT has ruled in favor of UEFA, rejecting FIFA's request to block the gathering of evidence about Gianni Infantino's plan to sell stakes in the World Cup to private investors.
A Manhattan judge has rejected requests by FIFA subsidiaries to block European soccer's governing body UEFA from accessing evidence about Gianni Infantino's failed plan to bring private investors into the World Cup.
The request of two Fifa subsidiaries fails: The issue of potentially explosive documents.
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