UEFA/Infantino clash escalates to criminal case
The legal dispute between the Union of European Football Associations "UEFA" and FIFA President Gianni Infantino is escalating to an unprecedented level. UEFA has requested the disclosure of documents related to the "FIFA Forward Enterprises" project, which aims to bring private investors into FIFA's operations and organize its tournaments. UEFA accuses Infantino of promoting a significantly undervalued assessment of the project in exchange for selling a 20% stake to a US investment fund for $4.2 billion. They claim that the valuation was unreasonable, lacked an auction or independent appraisal, and was therefore flawed. UEFA has threatened to take legal action under Swiss law, suspecting mismanagement and criminal conduct aimed at obtaining illicit benefits, potentially resulting in fines or imprisonment. This escalation comes as Infantino faces threats to his FIFA presidency amid calls from European associations for leadership change.
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