European soccer body UEFA warns FIFA of legal action over Infantino's failed World Cup sell-off plan
Infantino's secretive proposal to raise $4.2 billion US from investors was dropped early Saturday
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proposal → warn → investors
European soccer body UEFA has threatened FIFA with legal action over Gianni Infantino's failed plan to sell a stake in future World Cup profits to private investors, and said any potential evidence should not be destroyed.
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evidence → threaten → investors
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.
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revelation → raise → furor
UEFA led the backlash and on Thursday its 55 member federations met to agree boycotting all FIFA events and competitions while the proposal was active.
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proposal → lead → events
Now lawyers for UEFA have informed FIFA that the European body is "actively considering legal action, arbitration, and/or regulatory complaints ... arising out of and in connection with the FFE (FIFA Forward Enterprise) plan proposed by FIFA and all related matters."
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body → inform → FIFA
The letter dated Friday from the legal firm Dechert in New York was seen Monday by The Associated Press.
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letter → date → Press
The letter named 18 FIFA executives who it said should retain data, documents and electronic messages as potential evidence.
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it → name → evidence
They include Infantino, Zurich-based chief finance officer Thomas Peyer and Arsene Wenger, the coaching great who is FIFA's head of global soccer development.
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who → include → development
"UEFA puts you on formal notice that any destruction, deletion, alteration, concealment, or loss of relevant materials following receipt of this notice — or following any earlier date on which you were, or reasonably should have been, aware that proceedings were anticipated — may constitute spoliation of evidence," the letter said.
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letter → put → evidence
Europe seeks rival candidate to lead FIFA
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Europe → seek → FIFA
The Swedish soccer federation confirmed Monday that UEFA is actively looking "to come up with an alternative candidate" as FIFA president.
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UEFA → confirm → president
The next election is scheduled in March.
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election → schedule → March
On Saturday, UEFA signaled it wants to end Infantino's decade-long presidency, saying he had lost the confidence of world soccer and that "no option should be off the table."
Hours earlier, Infantino had withdrawn the divisive proposal that offered FIFA's 211 member federations one-off payments of $20 million each with a mid-September deadline to accept.
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that → signal → deadline
What you need to know about FIFA's private investment plan — and the backlash
FIFA plan for Kushner-backed $20 billion US operation to run World Cup meets fury from Europe's UEFA
The FFE spin-off valued by FIFA at $20 billion would have taken control of the soccer body's money-making commercial and tournament operations through at least 2038.
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off → need → 2038
It promised to more than double development money over that time for the 211 members who already effectively own the Zurich-based not-for-profit governing body.
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who → promise → body
It was the project of just one man, FIFA's chief operating officer Kevin Lamour said in a stinging statement Friday to the AP which said staff felt deceived by their boss Infantino.
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staff → say → boss
Legal proceedings are "reasonably anticipated," UEFA's lawyer Andrew J. Levander wrote, citing the belief of soccer stakeholders that the plan was "fundamentally incompatible with the proper governance of football."
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plan → anticipate → football
Opposition to Infantino
UEFA has been most outspoken against its former employee Infantino while the Asian Football Confederation and CONCACAF, the North and Central American and Caribbean soccer body, also have made strong statements to oppose Infantino's plan.
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Confederation → make → plan
Infantino has most support from his traditional base in Africa, while South America's CONMEBOL is relying on him to expand the 2030 World Cup to 64 teams from 48.
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CONMEBOL → have → 48
That would give more hosting games to Argentina, Uruguay and Paraguay, the home country of CONMEBOL president Alejandro Dominguez.
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That → give → Dominguez
Infantino's path to stabilizing the presidency he has held for 10 1/2 years was unclear Monday which began in New York with a report he was seeking support from the administration of his close ally U.S. President Donald Trump, possibly in a call with Secretary of State Marco Rubio.
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he → stabilize → Rubio
"There are no plans for Rubio to speak with Infantino and there is no call this morning," Dylan Johnson, assistant secretary of state for global public affairs, posted on social media.
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Johnson → be → media
A week is a long time in politics
The private equity plan has provoked a stunning turnaround in fortunes for Infantino since it was revealed last Tuesday by The Times of London.
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it → provoke → London
The 56-year-old FIFA leader left New York after the World Cup final two weeks ago seemingly a lock to be re-elected unopposed next March for a fourth and final term in office through 2031.
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leader → leave → 2031
The spin-off operation could have created a commissioner-like role for him beyond 2031 paying much more than his current $6 million annual salary and bonus deal as president.
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operation → create → president
FIFA briefed at the World Cup that Infantino had got pledged letters of support from about 200 of the 211 member federations.
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Infantino → brief → federations
Those letters are now likely being withdrawn across Europe with the Wales federation the first to announce its reversal.
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federation → withdraw → reversal
The Aporia
