Kushner expresses regret over scrapped World Cup investment plan
Venture capitalist Joshua Kushner, in his first public comments since the FIFA Forward Enterprise (FFE) scheme was abandoned, expressed regret over his involvement, stating he would not have gotten involved had he known the backlash. He defended the plan's motivations but acknowledged failing to appreciate football's political dynamics. The comments come as UEFA seeks subpoenas for testimony and documents from Kushner and Thrive Capital in connection with a potential criminal complaint against FIFA President Gianni Infantino.
What we know
Kushner defended the motivations of FFE, saying it aimed to direct more capital and equity equally among FIFA's 211 member associations.
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UEFA has asked a New York court to approve subpoenas for testimony and documents from Kushner and Thrive Capital.
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Joshua Kushner was set to be lead investor in FIFA's scrapped plan to sell stakes in the World Cup.
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Kushner expressed regret over joining the proposal in his first public comments since the plan was abandoned.
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UEFA is considering lodging a criminal complaint against FIFA President Gianni Infantino in Switzerland.
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The FFE scheme was scrapped in late July after backlash.
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Joshua Kushner says he regrets joining FIFA's scrapped plan to sell World Cup stakes, citing failure to appreciate football's political dynamics.
Verified · 1 sourcesLive reports
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