UEFA Warns FIFA President Infantino of Legal Action Over Private Investment Plan
Summary
UEFA has warned FIFA President Gianni Infantino of possible legal action over his plan to let private investors buy shares in a new company managing major FIFA competitions. The English Football Association and Wales have also moved to withdraw support, while FIFA faces criticism over the controversial investment proposal.
Key Points
- UEFA said it is seriously considering legal action, arbitration, or complaints to regulators over FIFA’s FIFA Forward Enterprise plan.
- The plan would create a commercial subsidiary to manage major competitions, including the World Cup, and allow minority private investment.
- Wales has already withdrawn support for Gianni Infantino, and the English Football Association is preparing to do the same.
- UEFA has demanded that emails, messages, meeting notes, and other documents related to the plan be secured immediately.
