The Union of European Football Associations (UEFA) is initiating criminal proceedings against FIFA president Gianni Infantino in Swiss courts. The legal action stems from a scrapped proposal to sell a stake in future World Cup revenues to external investors, including Thrive Capital, for a valuation of $4.2 billion.
UEFA legal representatives have contested the terms of the failed deal, which would have granted investors a portion of the tournament's financial proceeds. The move marks a significant escalation in the ongoing friction between the European governing body and FIFA leadership regarding the commercial management of the World Cup.
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