FIFA PRESIDENT GIANNI INFANTINO ABANDONS PLAN TO SELL WORLD CUP PROFITS TO PRIVATE EQUITY AFTER BACKLASH. (PHOTO).

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 FIFA president Gianni Infantino abandons plan to sell World Cup profits to private equity after backlash FIFA President Gianni Infantino has abandoned a controversial proposal to sell a stake in the organization’s World Cup-related profits to private investors after facing strong opposition from soccer officials around the world. Infantino announced Saturday that the plan would not move forward, saying the proposal had created divisions that no longer aligned with FIFA’s goal of uniting and improving the sport. The plan called for the creation of a $20 billion company that would oversee FIFA’s commercial operations, including revenue from the men’s and women’s World Cups and Club World Cups. The proposed venture would have included private investors, including a New York-based investment firm founded by Joshua Kushner, the younger brother of Jared Kushner. The proposal drew criticism from soccer organizations across multiple regions. European soccer leaders said their nations woul...
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US COURT ASSUMES JURISDICTION OVER ATIKU'S REQUEST FOR TINUBU'S RECORDS AT CHICAGO UNIVERSITY, SAYS PDP CHIEFTAIN MEETS ALL REQUIREMENTS.(PHOTO).

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US Court Assumes Jurisdiction Over Atiku’s Request For Tinubu’s Records At Chicago University, Says PDP Chieftain Meets All Requirements

The United States District Court for the Northern District of Illinois, Eastern Division has said it has the power to sit over the case instituted by the Peoples Democratic Party (PDP) presidential candidate in the 2023 election, Atiku Abubakar.

Atiku is asking the court to compel Chicago State University (CSU) to produce the academic records of President Bola Tinubu, Political Economist reports.

According to court documents, the court established that it has jurisdiction over the matter under US law, which authorises any "interested person" to request that a US District Court order the discovery of documents and testimony for use in a foreign proceeding from persons who "reside or are found" within its District."

The court, therefore, held that Atiku satisfied all statutory requirements as he is an “interested person”; and the respondent, CSU, is a public university established and existing under the laws of Illinois, with its principal campus and offices in Chicago.

It said it would not hesitate to grant the prayers of Atiku.

 

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