Alex Spiro repping Josh Kushners Thrive in legal fight over $20B FIFA deal | Latest Tech News
Josh Kushner’s Thrive Capital has employed legal heavyweight Alex Spiro to symbolize him in the continuing legal dustup over FIFA’s doomed $20 billion plan to unload a stake in the World Cup.
Spiro, a accomplice at New York law firm Quinn Emanuel whose high-profile purchasers have included Elon Musk, Jay-Z, Alec Baldwin and Eric Adams, disclosed in a Monday court submitting that he’d be representing Kushner and Thrive.
A consultant for Spiro declined additional remark.
Attorney Alex Spiro holds a press convention inside 51 Madison Ave. in New York City on Monday, September 30, 2024, to talk about the federal costs he shall be serving to Mayor Eric Adams defend. Matthew McDermott
UEFA, European soccer’s governing physique, requested a Manhattan federal choose last week for permission to subpoena Thrive about its dealings with FIFA boss Gianni Infantino. Neither Thrive or Kushner are accused of any wrongdoing.
UEFA is getting ready a lawsuit against Infantino over a now-dead deal called for the FIFA Forward Enterprise, which aimed to raise $4.2 billion from Thrive and other buyers. The buyers would have taken a stake in a new for-profit entity that would have managed FIFA’s money-making property, including TV rights, sponsor offers, licensing, and ticketing.
Details of the proposal triggered a major backlash, with UEFA members voting to boycott upcoming worldwide soccer occasions in protest and pushing to oust Infantino from his function as FIFA’s top boss.
“For UEFA, they want to keep this professional and this isn’t really about Kushner it’s about the football and Infantino – the latter has no place in it,” a source close to the state of affairs told The Post.
Kushner’s camp has acted “professionally” in its dealings so far with UEFA and has spoken immediately to UEFA President Aleksander Cerefin, the source added.
Joshua Kushner, founder and CEO of Thrive Capital, speaks onstage during the Big Bets panel at the Fortune Global Forum 2024 on Tuesday, November 12, 2024, in New York City. Getty Images for Fortune Media
In court filings last week detailing the subpoena request, a UEFA lawyer said neither Kushner nor Thrive is predicted to be named as defendants in the case.
Nonetheless, UEFA is making an attempt to drive Thrive to flip over paperwork and to have Kushner sit for depositions as half of a potential prison case against Infantino in Switzerland, where UEFA and FIFA are headquartered.
Players and match officers line up before the FIFA World Cup 2026 Final match between Spain and Argentina on Sunday, July 19, 2026, at New York New Jersey Stadium in East Rutherford, New Jersey. Getty Images
UEFA’s legal professionals alleged that Infantino, who is up for re-election as president of FIFA in March, had engaged in “criminal mismanagement” of the group. The physique also said on Aug. 1 that it had no confidence in his management.
As The Post was first to report, Kushner broke his silence on the deal in a prolonged assertion on Monday.
“While we stand behind the motivations of FFE, we failed to appreciate the political dynamics of global football, and the lengths some would go to,” Kushner said. “Thrive has a long track record of being a partner to all constituents. Had we known what this would devolve into, we would not have gotten involved.”
Attorney Alex Spiro has represented Eric Adams, Elon Musk and varied other A-list purchasers. Robert Miller
Kushner added that the proposed deal was “an idea that every Member Association would vote on, not an obligation or determination.”
“Money in football has historically been concentrated amongst a small group of countries,” Kushner added. “The idea behind FFE was to direct more capital and equity equally amongst all 211 member countries, providing significantly more investment to underdeveloped nations to nurture local talent, support grassroots football, enhance the fan experience, and ultimately grow the global game everywhere.”
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