FIFA loses New York court ruling against European soccer body UEFA in World Cup investor case
A judge in Manhattan on Thursday denied requests by FIFA subsidiaries to block European soccer body UEFA’s attempts to get evidence about Gianni Infantino’s failed World Cup private…
A New York court has dismissed Fifa's attempt to stop Uefa from obtaining documents from Thrive Capital and JP Morgan concerning Gianni Infantino’s proposed World Cup sell-off. The lawsuit targeted the abandoned Fifa Forward Enterprise (FFE) scheme, a venture led by Infantino aimed at managing commercial interests for major tournaments through private investment.
The project, announced in August, was rejected by three continental confederations. Uefa had threatened to boycott Fifa events and demanded answers about FFE and other matters under Infantino's presidency, including the decision to allow Thrive Capital, founded by Trump’s son-in-law's brother Joshua Kushner, to lead the investor group.
JP Morgan, a previous backer of the now-defunct European Super League, also assisted with FFE. The court ruled that Fifa has no direct interest in the case, dismissing Fifa's motion to intervene. Another court ruling is needed for Uefa to access the requested documents. The case precedes the March Fifa election, where Infantino plans to run for a fourth term.
Kozo Tashima of Japan and former Arsenal manager Arsene Wenger are among those considering runs against Infantino, who is favored but facing potential challenges.
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