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FIFA rival seeks to subpoena Josh Kushner over failed private investor plan

Created at 27 Aug · 6:45 PM1 source↑ Market-relevant
IN SHORT

UEFA is seeking to subpoena Josh Kushner, whose firm Thrive Capital was involved in a proposed plan to bring in private investors for FIFA, as part of a legal challenge against FIFA President Gianni Infantino. UEFA alleges "criminal mismanagement" related to the transaction.

Key Numbers

50-pagecourt application length
$12.5 billiondeal to acquire Los Angeles Lakers
2026World Cup year
37-memberFIFA council size
55UEFA member associations
211FIFA member associations

Who's Involved

UEFA
European football governing body seeking to subpoena Josh Kushner
Josh Kushner
Investor whose firm Thrive Capital was involved in a FIFA deal
Gianni Infantino
FIFA President facing allegations of "criminal mismanagement"
Andrew Levander
Attorney for UEFA
Donald Trump
American president awarded FIFA Peace Prize
Rep. Jamie Raskin
House Judiciary Committee Democrat investigating the deal
Thrive Capital
Investment firm linked to Josh Kushner and FIFA deal

↳ Why This Matters

The legal challenge by UEFA against FIFA and its president, Gianni Infantino, highlights significant governance disputes within international football. The attempt to subpoena investor Josh Kushner underscores the complexities of FIFA's financial dealings and the scrutiny they face from member organizations and political bodies.

Key facts

  • UEFA is seeking to subpoena Josh Kushner as part of a legal challenge against FIFA President Gianni Infantino.
  • UEFA alleges "criminal mismanagement" by Infantino related to a plan to sell stakes in the World Cup to private investors.
  • Kushner's firm, Thrive Capital, was involved in developing the private investor plan.
  • UEFA is not pursuing criminal charges against Kushner or Thrive.
  • The plan to sell World Cup stakes was abandoned after UEFA led a revolt.
  • UEFA has ended its boycott of FIFA competitions after receiving assurances the plan would not be revived.

UEFA is pursuing legal action against FIFA President Gianni Infantino, alleging "criminal mismanagement" related to a proposed plan to sell stakes in the World Cup to private investors. As part of this challenge, UEFA intends to subpoena Josh Kushner, whose investment firm Thrive Capital was involved in developing the transaction. UEFA's lawyers, led by Andrew Levander, argue that Kushner and Thrive are in a position to provide crucial information about the discussions and terms of the deal.

The court application emphasizes that UEFA is not seeking to prosecute Kushner or Thrive, but rather to gather information from them as counterparties to the proposed transaction. UEFA's discontent with Infantino reportedly escalated due to decisions made without council input, including awarding the FIFA Peace Prize to Donald Trump and handling of player suspensions. The plan to sell stakes in the World Cup, which became public through media reports, prompted UEFA to lead a successful effort to abandon the initiative.

Following the abandonment of the plan and assurances from FIFA, UEFA has ended its boycott of FIFA competitions. The House Judiciary Committee's top Democrat, Rep. Jamie Raskin, has also expressed interest in investigating the deal.

Frequently asked questions

UEFA is alleging "criminal mismanagement" related to the secretive structuring, valuation, financing, and marketing of a transaction that allegedly harmed FIFA's reputation, governance, and commercial relationships.

UEFA believes Kushner and his firm, Thrive Capital, played a unique role in developing the plan to bring in private investors for FIFA and are in a position to know details about the transaction's discussions and terms.

No, UEFA's lawyers have stated that neither Thrive Capital nor Josh Kushner is an anticipated defendant in the contemplated Swiss criminal proceeding.

The plan involved selling stakes in the World Cup to private capital to expand FIFA's revenue streams, a move that UEFA and other members learned about through media reports.

What Happens Next

01UEFA will proceed with its attempt to subpoena Josh Kushner.
02The Swiss criminal proceeding will continue, with UEFA seeking information from Kushner.
03Further investigations into the FIFA deal may be conducted by the House Judiciary Committee.

How It Developed

UEFA plans to claim "criminal mismanagement" by FIFA President Gianni Infantino.
UEFA's lawyers contend Josh Kushner played a unique role in developing a plan to tap private capital for FIFA.
UEFA is not targeting Thrive or Kushner as defendants in the contemplated Swiss criminal proceeding.
UEFA's discontent with Infantino grew ahead of the 2026 World Cup.
Infantino created the FIFA Peace Prize and awarded it to Donald Trump without council input.
UEFA criticized FIFA's decisions regarding a Somali referee and a U.S. striker's suspension.
Infantino's plan to sell stakes in the World Cup was learned through media reports.
UEFA led a revolt that forced FIFA to abandon the plan to sell World Cup stakes.

Sources

T1
FIFA’s rival seeks to subpoena Josh Kushner over failed plan to bring in private investorsPolitico

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