Infantino cancels Wall Street speech amid legal threats

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Infantino cancels Wall Street speech amid legal threats
Sports

New York Post

FIFA president Gianni Infantino abruptly canceled a planned after-dinner speech at the Milken Hamptons Dialogues after learning that UEFA planned to subpoena Joshua Kushner and FIFA's Florida offices. UEFA has asked a U.S. judge to compel documents and depositions from Kushner and Thrive Capital and to pursue testimony and FIFA records in Florida, seeking evidence for possible criminal proceedings in Switzerland. The controversy follows FIFA's abandoned plan to sell a stake valuing the game near $20 billion, a proposal that triggered unanimous rejection by UEFA members and investor concern that now risks wider legal exposure.

Infantino canceled a U.S. speech amid UEFA legal action

Context

FIFA announced a proposed sale that implied a $20 billion valuation and then scrapped it. UEFA has filed to seek documents and testimony in the United States and Florida. The next steps could include court rulings on subpoenas and possible…

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