CBC·3 min read·medium
European soccer body UEFA warns FIFA of legal action over Infantino's failed World Cup sell-off plan
✦AI Summary
UEFA is threatening legal action against FIFA following a controversial and secretive proposal by Gianni Infantino to raise $4.2 billion from private investors. The backlash from European federations led to the withdrawal of the plan and calls for a change in FIFA leadership.
Infantino's secretive proposal to raise $4.2 billion US from investors including the New York investment firm of Joshua Kushner was dropped early Saturday, days after the revelation in media reports provoked a global furor.
sportsbusiness
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