FA chair demands FIFA president release World Cup sell-off documents

Share

FA chair Debbie Hewitt, who also holds a FIFA vice-presidency, formally demanded that FIFA president Gianni Infantino hand over all documents related to the scrapped FIFA Forward Enterprise plan. The proposal sought to raise $4.2 billion by selling a 21% stake in a new subsidiary managing commercial rights and ticketing operations, with an estimated total valuation of $20 billion. UEFA led fierce opposition by launching legal proceedings in US courts and preparing criminal complaints in Switzerland, while also threatening a boycott of FIFA competitions. Infantino formally killed the proposal on July 31, but the confrontation over governance remains unresolved. With his 2027 re-election approaching, UEFA’s legal actions represent the most aggressive challenge to Infantino since the corruption scandals that brought down Sepp Blatter.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles