Uefa claims that the valuation of the stakes to be sold were not independently verified and would have been offered too cheaply, calling the proposed sale “a fraudulently off-market price promoted by Infantino for his own benefit”.
The application adds: “Under the terms Infantino announced, those investors stood to acquire a permanent financial interest in Fifa’s commercial arm for $4.2bn, implying an absurdly low enterprise value of only approximately $20bn, a figure that was neither the product of an open, competitive auction, nor tested by any independent valuer.”
In the application, Uefa is applying to a court in Florida to attempt to access files held by two Fifa businesses – Fifa Americas and FWC2026 – to be used to pursue the criminal charges in Switzerland at a later stage.
The two businesses are based in Florida.
Uefa claims that its 55 member nations would have potentially been harmed by the sell-off plan, and that it may pursue criminal proceedings against other Fifa officials as well as Infantino.
“Uefa and other interested parties are preparing to bring criminal claims in Switzerland against Infantino and possibly other Fifa officials and advisors for criminal mismanagement,” the application states.
“The secretive structuring, valuation, financing, and marketing inflicted direct and concrete injury on Fifa’s reputation, governance authority, and commercial relationships to the detriment of Fifa as well as its 211 members, including Uefa’s 55 member associations.”
Uefa insists that the plan was concocted without the knowledge of them or other key stakeholders in football, and that it had been long in development.
The applications says: “On July 28, 2026, without consulting the Fifa Council, Uefa, or any of the other confederations, or any of the 211 Fifa member associations, Infantino, purportedly acting on behalf of Fifa, publicly announced a plan to place the commercial rights to the men’s and women’s World Cups and the Club World Cup into a new subsidiary: Fifa Forward Enterprise.
“That announcement by Infantino was the public unveiling of a plan that he and a small circle of co-conspirators had conceived and reportedly been developing in secret for more than a year.”
Uefa states in the document that there has been “an enduring history of corruption among Fifa officials” and claims that world football’s governing body only relents on its plans when pressure comes from outside the sport.
“Fifa’s extraordinary power over world football has operated largely without meaningful internal constraint, with accountability coming principally through external forces, including political pressure, public scrutiny, and intervention through international criminal law enforcement,” the application adds.
Fifa’s headquarters are in the Swiss city of Zurich, and Uefa says that its plan to eventually pursue criminal charges against Infantino is backed up by Swiss law.
“Swiss counsel has confirmed […] that the proceeding is within reasonable contemplation for purposes of Swiss law and that Uefa has standing, as a complainant, to file a criminal complaint for criminal mismanagement against Infantino and potentially other Fifa officials as may be warranted.”
BBC Sport has been told that a separate filing has been lodged to a court in New York, where Uefa is seeking documentation from Thrive Capital, the business proposed to take up an interest in FFE, and its founder Josh Kushner, the brother of US president Donald Trump’s son-in-law.
The American investment bank JP Morgan is also named in the application.
A third application has also been made in Colorado, relating to former Formula 1 chief Greg Maffei, who is referred to in the court filings as “the key commercial adviser” on the proposed FFE transaction, and his Bann Ventures firm.
BBC Sport has also approached Uefa for comment.
