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08/27 09:17 CDT UEFA prepares criminal complaint in Swiss courts against FIFA's
Infantino over World Cup sell-off
UEFA prepares criminal complaint in Swiss courts against FIFA's Infantino over
World Cup sell-off
By GRAHAM DUNBAR
AP Sports Writer
MONACO (AP) --- UEFA is preparing a criminal complaint against FIFA President
Gianni Infantino in Swiss courts for possible financial mismanagement over his
failed plan to sell future World Cup profits to private investors.
UEFA said Thursday it filed documents in a Manhattan court requesting discovery
of potential evidence from the New York investment fund, Thrive Capital
Management, founded by Joshua Kushner.
Thrive and Kushner were to be the anchor investors intending to pay FIFA $4.2
billion for a 20% stake in a subsidiary that would run the soccer body's
commercial events, including the World Cup.
"UEFA and its counsel are contemplating a Swiss criminal proceeding against
Infantino and possibly other FIFA officials for criminal mismanagement under
Article 158 of the Swiss Criminal Code," UEFA's lawyers state in a 56-page
document seen by The Associated Press.
The document suggests the $4.2 billion figure could be a "fraudulently
off-market price promoted by Infantino for his own benefit."
Infantino dropped the sell-off plan on Aug. 1 after a furious backlash by
global soccer leaders, including UEFA.
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See AP's full soccer coverage here
