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A private equity scheme championed by Gianni Infantino to sell future World Cup profits collapsed after fierce opposition from UEFA and other confederations, prompting legal threats and a search for a new FIFA president.
UEFA warned FIFA that it would pursue legal action, arbitration and regulatory complaints over a proposal to sell a stake in future World Cup profits, a move that collapsed amid global outrage and calls for Gianni Infantino’s removal.
UEFA has warned FIFA that it will pursue legal and arbitration measures unless the governing body preserves evidence related to a proposed $4.2 billion private‑equity spin‑off of World Cup revenues. The plan, championed by FIFA president Gianni Infantino, has been abandoned after opposition from European football’s governing body and several continental confederations.
UEFA has warned FIFA that it will pursue legal measures unless the governing body preserves evidence related to a controversial plan to monetize future World Cup revenues, a scheme that was abandoned after widespread outrage.
UEFA has warned FIFA that it will pursue litigation unless evidence surrounding a proposed stake in future World Cup profits is preserved, after a plan to sell the rights to private investors was abandoned amid global outrage.
UEFA has warned FIFA that it may pursue legal measures after Gianni Infantino’s plan to sell a $4.2 billion stake in future World Cup profits was abandoned following widespread opposition.