UEFA preparing criminal complaint against FIFA leader Gianni Infantino
Summary
UEFA, Europe’s soccer governing group, is preparing to file a criminal complaint in Switzerland against FIFA President Gianni Infantino. The complaint relates to a failed plan to sell future World Cup profits to private investors, which UEFA claims involved possible financial mismanagement and unfair pricing.Key Facts
- UEFA is seeking permission from a U.S. court to get documents and testimony from FIFA in Florida for its complaint.
- The complaint will be filed in Swiss courts, accusing Infantino of criminal mismanagement under Swiss law.
- Infantino had a plan to create a new FIFA subsidiary to sell commercial rights for World Cup events to investors.
- Joshua Kushner’s investment company was involved as a key investor in the plan.
- The plan was canceled after opposition from UEFA, Asia’s soccer body, and North America.
- UEFA warned FIFA not to destroy or hide any related documents and said it lost trust in Infantino’s leadership.
- The $4.2 billion price for the stake was described as unreasonably low and possibly benefiting Infantino personally.
- Infantino’s close ties to President Trump and Kushner’s family were noted during the World Cup hosted by the U.S., Mexico, and Canada.
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