The governing body of European football, UEFA, has threatened legal action against FIFA President Gianni Infantino, venture capitalist Joshua Kushner — brother of U.S. President Donald Trump’s son-in-law Jared Kushner — and other individuals involved in the controversial plan to privatize a share of the World Cup’s commercial operations.
UEFA is “actively considering legal action, arbitration, and/or regulatory complaints” against Infantino, reads a letter sent to Infantino, seen by the Telegraph.
The move follows Infantino’s proposal to transfer FIFA’s commercial rights and tournament operations to a private entity firm — in partnership with Thrive Capital, Kushner’s venture capital company — allowing private investors to acquire a 20 percent stake.