UEFA threatens legal action after Infantino's FIFA private investment plan collapses

1 min read
Source: Financial Times
UEFA threatens legal action after Infantino's FIFA private investment plan collapses
Photo: Financial Times
TL;DR Summary

UEFA warned it could pursue legal action, arbitration, or regulatory complaints over FIFA's plan to spin off a $20bn commercial entity and sell a 20% stake to private investors; Infantino later backed down, saying the proposal will not proceed, amid broad backlash from federations, politicians and fans, with UEFA demanding preservation of documents related to the venture.

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