The conflict between FIFA and UEFA has moved from boardrooms into US courts, with possible Swiss proceedings on the horizon. At stake are an abandoned World Cup investment plan and Gianni Infantino’s future.
Three of the most powerful confederations in world football accuse FIFA's leadership of breaking trust over its plan to open the World Cup to private investors. Their joint letter of August 10 transforms a financial conflict into a global governance crisis.
FIFA aimed to open a $20 billion valued company encompassing its competitions to private investors. Faced with the threat of a European boycott and internal dissent, Gianni Infantino has retreated. However, the governance crisis is just beginning.
After forcing FIFA to abandon its project to open World Cup revenues to private investors, UEFA publicly withdraws its confidence in Gianni Infantino. A historic governance crisis now shakes global football.
UEFA and its 55 national federations reject Gianni Infantino's proposal to open part of FIFA competitions to private investors. France is directly affected by a boycott threat that could disrupt world football.
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