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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 prepares criminal complaint against FIFA president Gianni Infantino: Report - The Tribune
European football's governing body UEFA is preparing a criminal complaint against FIFA president Gianni Infantino in Swiss courts over alleged financial mismanagement linked to a failed plan to sell a stake in FIFA's commercial subsidiary, according to a report by ESPN.
·Chandigarh, India
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The European football association announces legal steps against Infantino on the same day that it announces the withdrawal of plans to boycott FIFA tournaments.
·Amsterdam, Netherlands (Kingdom of the)
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Coverage Details
Total News Sources178
Leaning Left43Leaning Right31Center43Last UpdatedBias Distribution37% Left, 37% Center
Bias Distribution
- 37% of the sources lean Left, 37% of the sources are Center
37% Center
L 37%
C 37%
R 26%
Factuality
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