Archive · 28 Aug 2026
UEFA Considers Swiss Criminal Complaint Over Infantino’s FIFA Investment Plan
UEFA is thinking about asking Swiss authorities to investigate FIFA President Gianni Infantino.
The concern involves a plan called FIFA Forward Enterprise.
The plan would have created a FIFA company to manage money-making activities connected to major football tournaments.
Private investors were expected to pay $4.2 billion for 20% of the company.
Thrive Capital and its founder, Joshua Kushner, were among the planned investors.
UEFA questions how the plan was valued, organized, and discussed with football organizations.
It is asking a United States court for documents before deciding what to do next.
FIFA dropped the plan, and no criminal case has yet been filed in Switzerland.
UEFA is considering a Swiss criminal complaint against FIFA President Gianni Infantino and possibly other officials over alleged financial mismanagement.
The proposed FIFA Forward Enterprise plan would have sold private investors a 20% stake in a FIFA commercial subsidiary for $4.2 billion.
The subsidiary was intended to manage commercial and event operations linked to the men’s and women’s World Cups and Club World Cup.
UEFA filed documents in a Manhattan court seeking communications and other evidence from Thrive Capital and FIFA-related entities.
FIFA abandoned the proposal after opposition from football authorities, while UEFA says the allegations have not yet been proven in court.
- Who
- UEFA, FIFA President Gianni Infantino, other possible FIFA officials and advisers, Thrive Capital Management, and Joshua Kushner.
- What
- UEFA is considering a Swiss criminal complaint over the proposed sale of a 20% stake in FIFA Forward Enterprise to private investors.
- When
- UEFA filed the evidence-seeking documents on Thursday; FIFA abandoned the proposal on August 1 according to one report, while another describes the abandonment as occurring earlier that month.
- Where
- Potential proceedings would be in Switzerland, where FIFA is headquartered; evidence is being sought in a Manhattan court and from entities in the United States.
- Why
- UEFA alleges possible criminal mismanagement and questions the deal’s structure, valuation, marketing, and consultation process.
UEFA’s concerns
FIFA’s stated rationale
Deal valuation
UEFA’s concerns
UEFA’s legal filings suggest that the $4.2 billion valuation may have been a potentially fraudulent off-market price promoted for Infantino’s benefit.
FIFA’s stated rationale
FIFA previously defended the proposal as a commercial plan intended to generate more money for football development; no court has established UEFA’s allegations.
Process and consultation
UEFA’s concerns
UEFA alleges that the proposal was structured, valued, and marketed without sufficient consultation or due process and may have harmed FIFA and its member associations.
FIFA’s stated rationale
The plan was presented as a way to expand FIFA’s commercial operations and support development across its member associations.
Future of the proposal
UEFA’s concerns
UEFA has sought assurances that FIFA will not revive the stake-sale plan and is gathering evidence before deciding whether to pursue Swiss legal action.
FIFA’s stated rationale
FIFA abandoned the proposal after opposition from UEFA and other football authorities, and UEFA later withdrew its threat to boycott FIFA competitions after receiving assurances against future attempts to sell a stake.
- Possible legal basis
- Article 158 of the Swiss Criminal Code, concerning alleged criminal mismanagement.
- Proposed investment
- $4.2 billion for a 20% stake in a new FIFA commercial subsidiary.
- Proposed company
- FIFA Forward Enterprise would have handled commercial and event operations for major competitions.
- Competitions mentioned
- The men’s and women’s World Cups and the Club World Cup.
- Planned investors
- Thrive Capital Management and founder Joshua Kushner were expected to be anchor investors.
- Evidence request
- UEFA sought documents and communications from Thrive Capital and FIFA-related entities through a Manhattan court filing.
- Current status
- FIFA abandoned the proposal, no Swiss criminal case has yet been filed, and the allegations remain unproven in court.
- FIFA’s stated rationale
- FIFA previously said the plan was intended to generate more money for football development across its 211 member associations.
Sources
UEFA Prepares Criminal Case Against FIFA President Gianni Infantino Over World Cup Investment Plan
UEFA Prepares Criminal Complaint Against FIFA President Gianni Infantino: Report
World Cup sell-off: UEFA to file criminal complaint against Infantino
