All NewsEducationTV
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

UEFA threatens legal action against FIFA President Infantino, Joshua Kushner

Created at 3 Aug · 9:41 AM1 source↑ Market-relevant
IN SHORT

UEFA is considering legal action against FIFA President Gianni Infantino, venture capitalist Joshua Kushner, and others over a controversial plan to privatize a share of the World Cup's commercial operations. The proposal was ultimately shelved after UEFA threatened to boycott the tournament.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Key Numbers

20 percentstake in World Cup commercial operations

Who's Involved

UEFA
European football's governing body threatening legal action
Gianni Infantino
FIFA President involved in controversial commercial rights plan
Joshua Kushner
Venture capitalist whose firm partnered on the FIFA plan
Glenn Micallef
EU Sports Commissioner investigating competition law considerations
UEFA threatens legal action against FIFA President Infantino, Joshua Kushner

↳ Why This Matters

The threat of legal action highlights significant tensions between UEFA and FIFA over the commercialization of football's premier event, raising concerns about governance, competition law, and the future structure of major sporting operations.

Key facts

  • UEFA is considering legal action against FIFA President Gianni Infantino and Joshua Kushner.
  • The action is related to a plan to transfer FIFA's commercial rights to a private entity.
  • This entity would allow private investors to acquire a 20% stake in World Cup commercial operations.
  • UEFA opposed the plan, arguing it lacked proper consultation and constituted privatization.
  • UEFA had threatened to boycott the World Cup if the proposal was adopted.
  • The proposal was ultimately shelved, but legal threats remain.
  • The European Commission is investigating the plan for potential competition law issues.
  • UEFA, the governing body of European football, has indicated it is prepared to take legal action against FIFA President Gianni Infantino, venture capitalist Joshua Kushner, and other individuals involved in a recently shelved plan to privatize a portion of the World Cup's commercial operations.

    A letter sent to Infantino, seen by The Telegraph, states that UEFA is "actively considering legal action, arbitration, and/or regulatory complaints." The proposal, developed in partnership with Kushner's Thrive Capital, aimed to transfer FIFA's commercial rights and tournament operations to a private entity, allowing private investors to acquire a 20% stake.

    UEFA strongly opposed the initiative, arguing that it was developed without adequate consultation with member associations and would effectively privatize a significant part of the tournament's commercial business. The organization had previously voted unanimously to boycott the World Cup if the project proceeded. Following this opposition, the proposal was ultimately shelved.

    The notice sent to Infantino, Kushner, and others involved also includes a directive to preserve all relevant materials, as legal proceedings are reasonably anticipated. Additionally, EU Sports Commissioner Glenn Micallef stated that the FIFA proposal raised "important competition law considerations" that the European Commission intends to investigate.

    Frequently asked questions

    The plan involved transferring FIFA's commercial rights and tournament operations to a private entity, allowing private investors to acquire a 20% stake in World Cup commercial operations.

    UEFA argued the plan was developed without proper consultation with member associations and would effectively privatize part of the tournament's commercial business.

    UEFA threatened legal action, arbitration, and/or regulatory complaints against FIFA President Gianni Infantino, Joshua Kushner, and others involved.

    The European Commission is investigating the FIFA proposal due to potential competition law considerations.

    What Happens Next

    01UEFA will continue to consider legal action, arbitration, or regulatory complaints.
    02The European Commission will investigate the FIFA proposal for competition law issues.

    Get the newsletter.

    Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

    Cadence

    How It Developed

    UEFA threatened legal action against FIFA President Gianni Infantino and Joshua Kushner.
    The threat stems from a plan to privatize 20% of World Cup commercial operations.
    UEFA opposed the plan, citing lack of consultation and privatization concerns.
    UEFA threatened to boycott the World Cup if the project was adopted.
    The proposal was ultimately shelved.
    A letter warned recipients to preserve all relevant materials due to anticipated proceedings.
    EU Sports Commissioner Glenn Micallef stated the proposal raised competition law considerations.

    Sources

    T1
    UEFA threatens Infantino, Joshua Kushner with legal actionPOLITICO Europe

    Related Stories

    Europe's workers face encroaching work hours, impacting personal time
    3 Aug · 5:21 AM
    UK retailers push back against Chancellor's profiteering threats
    3 Aug · 11:06 AM
    Europe Considers Extending Summer Holidays Due to Heatwaves
    3 Aug · 7:11 AM
    Péter Magyar Ousts Viktor Orbán's Regime in Hungary
    3 Aug · 6:31 AM