Uefa alleges the stakes were priced without independent verification and at an unduly low level, describing the planned sale as an off‑market deal engineered by Infantino for his own benefit.
The filing says investors would have gained a permanent financial stake in Fifa’s commercial arm for $4.2bn, implying an enterprise value of roughly $20bn—an amount Uefa calls unrealistically low, not derived from an open, competitive auction, and not assessed by an independent valuer.
Uefa has asked a Florida court for access to records held by two Fifa entities—Fifa Americas and FWC2026—to support potential criminal proceedings in Switzerland at a later stage.
Both companies are based in Florida.
Uefa argues its 55 member associations could have been harmed by the proposed sell‑off and says it may pursue criminal action against other Fifa officials as well as Infantino.
According to the application, Uefa and other interested parties are preparing to file criminal complaints in Switzerland against Infantino—and potentially additional Fifa officials and advisers—alleging criminal mismanagement.
The filing claims the secretive structuring, valuation, financing, and marketing of the deal harmed Fifa’s reputation, governance authority, and commercial relationships, to the detriment of Fifa and its 211 members, including Uefa’s 55 associations.
Uefa says the plan was devised without its knowledge or that of other key football stakeholders and had been in development for a considerable time.
The application states that on July 28, 2026, without consulting the Fifa Council, Uefa, other confederations, or any of the 211 member associations, Infantino publicly announced a proposal to move the commercial rights to the men’s and women’s World Cups and the Club World Cup into a new subsidiary, Fifa Forward Enterprise.
Uefa says this announcement revealed a plan that Infantino and a small group had been developing in secret for more than a year.
The document refers to what it describes as a long‑standing history of corruption among Fifa officials and argues that the governing body tends to abandon contentious plans only under external pressure.
It adds that Fifa’s vast power over world football faces little internal constraint, with accountability coming mainly from political pressure, public scrutiny, and international criminal law enforcement.
With Fifa headquartered in Zurich, Uefa says Swiss law supports its intention to seek criminal charges against Infantino.
Uefa’s Swiss counsel, the filing notes, has confirmed the proceedings are reasonably contemplated under Swiss law and that Uefa has standing to submit a criminal mismanagement complaint against Infantino and potentially other Fifa officials.
BBC Sport understands a separate motion has been filed in New York to obtain documents from Thrive Capital and its founder, Josh Kushner, the brother of the U.S. president Donald Trump’s son‑in‑law.
JPMorgan is also named in the filing.
A third application has been lodged in Colorado concerning former Formula 1 chief Greg Maffei—described in the court papers as the key commercial adviser on the proposed FFE deal—and his firm, Bann Ventures.
BBC Sport has also contacted Uefa for comment.