UEFA threatens legal action after Infantino's FIFA private investment plan collapses
TL;DR
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.
- Uefa threatens legal action over Infantino’s failed Fifa commercialisation Financial Times
- Why Infantino's plans to sell off World Cup made no sense ESPN
- UEFA describes Gianni Infantino's investment plan as 'shabby, back room, opaque deal'; Concacaf also rips FIFA president Yahoo Sports
- UEFA threatens FIFA, Joshua Kushner with legal action over World Cup investment plan The New York Times
- British prime minister says Infantino is not the right man to lead FIFA AP News
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