UEFA moves to press criminal charges against Infantino over FIFA Forward scheme

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Source: The Guardian
UEFA moves to press criminal charges against Infantino over FIFA Forward scheme
Photo: The Guardian
TL;DR Summary

UEFA says it plans to file criminal claims in Switzerland against Gianni Infantino related to the failed FIFA Forward Enterprise plan and has sought U.S. discovery under a Section 1782 order to obtain and preserve documents from FIFA and related parties, arguing the $4.2 billion sale of a 20% stake implied an implausibly low enterprise value of about $20 billion and noting that the process was not run through an open auction or independently valued; UEFA has identified 14 FIFA executives to preserve material while FIFA was contacted for comment.

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