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Uefa threatens legal action over Fifa investment plan

Uefa has threatened Fifa with legal action over abandoned plans linked to Gianni Infantino to sell stakes in Fifa competitions to private investors.

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Uefa has threatened Fifa with legal action over plans associated with Gianni Infantino to sell stakes in Fifa competitions to private investors.

The dispute centres on an investment proposal that would have involved private investors taking stakes in Fifa competitions. The plan is described as having been scrapped, but Uefa’s threat indicates the matter remains a point of contention.

Gianni Infantino, the Fifa president, is linked in the supplied material to the abandoned proposal. No further details are provided on the size of the proposed stakes, which competitions would have been affected, or the identity of any potential investors.

The threat of legal action raises the prospect of a formal dispute between two of football’s most prominent institutions over the handling of commercial investment in major competitions. The latest known position is that the investment plan has been abandoned, while Uefa has nevertheless threatened legal proceedings against Fifa over the issue.

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Reported from BBC News
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