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UEFA plans to sue FIFA President Gianni Infantino
๐Ÿ‡ฉ๐Ÿ‡ฐ Denmark /Sports

UEFA plans to sue FIFA President Gianni Infantino

From Berlingske · () Danish

Translated from Danish and summarized by DistantNews. Read the original for the full story.

At a glance

News Sources not specified Ongoing story
  • UEFA is reportedly planning to take legal action against FIFA President Gianni Infantino.
  • The move stems from Infantino's unsuccessful attempt to establish a commercial company, Fifa Forward Enterprise (FFE), to sell stakes in FIFA tournaments.
  • UEFA is seeking clarification on the valuation of a proposed 20% stake in the FFE, questioning if it was "fraudulently set at a non-market price for Infantino's own benefit."

European football's governing body, UEFA, is reportedly preparing to initiate legal proceedings against FIFA President Gianni Infantino. This significant development, revealed through court documents accessed by multiple media outlets including The Telegraph, The Times, and AP, centers on Infantino's failed endeavor to create a commercial entity known as Fifa Forward Enterprise (FFE).

The FFE was intended to allow private investors to acquire stakes in FIFA's tournaments. UEFA and its legal counsel are allegedly considering a Swiss criminal case against Infantino and potentially other FIFA officials for criminal mismanagement, citing Article 158 of the Swiss Penal Code. Court documents indicate UEFA's demand for the disclosure of all relevant case documents.

UEFA and its lawyers are considering a Swiss criminal case against Infantino and possibly other FIFA officials for criminal mismanagement under Article 158 of the Swiss Penal Code.

โ€” AP (via court document)Describing UEFA's potential legal action against FIFA President Gianni Infantino.

UEFA has expressed bewilderment regarding the proposed valuation of the FFE. Reports suggest Infantino was prepared to let private investors purchase a 20% share of the company managing commercial activities around the FIFA World Cup for $4.2 billion. UEFA is seeking to determine if this figure accurately reflected the market value or if it was a "fraudulently set price outside the market for Infantino's own benefit."

The legal action, if pursued, would represent a major escalation in the ongoing tensions between UEFA and FIFA, particularly concerning the commercialization and governance of international football.

fraudulently set at a non-market price for Infantino's own benefit

โ€” UEFA (via court document)Questioning the valuation of a proposed stake in the Fifa Forward Enterprise.
About this summary

Originally published by Berlingske in Danish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.