UEFA confirm legal letter served to FIFA after Infantino World Cup plan
Summary
UEFA has sent a formal legal letter to FIFA after FIFA President Gianni Infantino proposed selling future World Cup profits to private investors. UEFA opposes the plan and is considering legal action while seeking an alternative candidate for FIFA president.Key Facts
- UEFA sent a preservation letter to FIFA, asking them to keep all related documents and information.
- The letter warns that destroying relevant evidence could be illegal.
- Infantino’s plan involved raising $4.2 billion by selling future World Cup profits to private investors.
- UEFA and its 55 member federations agreed to boycott FIFA events while the plan was active.
- The letter named 18 FIFA executives, including Infantino and other top officials.
- UEFA is looking for a new candidate to challenge Infantino in the next FIFA presidential election set for March.
- UEFA says Infantino has lost the confidence of world football and opposes his leadership.
- FIFA's plan included creating a spin-off valued at $20 billion to control FIFA's commercial and tournament money until at least 2038.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
