# New York Court Rejects FIFA Motion to Block UEFA's Thrive Capital Document Request

> A New York court rejected FIFA's motion to intervene in UEFA's bid for Thrive Capital and JP Morgan documents on the collapsed FIFA Forward Enterprise scheme.

- Published: 2026-11-12T20:17:20+00:00
- Section: Legal & Disputes
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-12/uefa-wins-fifa-court-bid-thrive-documents
- Source: [Yahoo](https://sports.yahoo.com/articles/fifa-loses-court-bid-block-195540109.html)

## Key takeaways

- Judge Jeannette Vargas declined FIFA's motion to intervene in UEFA's application for disclosure documents from Thrive Capital and JP Morgan.
- FIFA abandoned the FIFA Forward Enterprise scheme in August after three continental confederations rejected it.
- The ruling precedes the March FIFA election, where Gianni Infantino seeks a fourth term and Kozo Tashima has announced a candidacy.

A New York court has rejected FIFA's motion to block UEFA from obtaining disclosure documents from Thrive Capital and JP Morgan about the collapsed FIFA Forward Enterprise scheme. [Yahoo](https://sports.yahoo.com/articles/fifa-loses-court-bid-block-195540109.html) reported the ruling on November 12. The order centres on the project, which was abandoned in August after three continental confederations rejected it.

## The FIFA Forward Enterprise Dispute

FIFA Forward Enterprise was spearheaded by FIFA president Gianni Infantino and aimed to manage commercial interests for the World Cup and other tournaments by offering private investors a minority stake. UEFA had threatened to boycott FIFA competitions and last month demanded answers about the scheme and broader concerns under Infantino's presidency. Those enquiries focused on the decision to give exclusivity to [Thrive Capital](https://akta.pro/company-profiles/00000c3/thrive-capital) to lead the group of private investors. Thrive was established by Joshua Kushner, the brother of United States President Donald Trump's son-in-law. [JP Morgan](https://akta.pro/company-profiles/00003nb/jp-morgan) was confirmed by FIFA to be working alongside it on the scheme, having previously acted as financial backers for the European Super League project in 2021.

Judge Jeannette Vargas wrote: "The court has already decided that the US Fifa parties have no direct, substantial and legally protectable interest in the subject matter of this application." She added: "In light of this determination, the court exercises its discretion to decline leave to intervene." The judgment means FIFA's motion to intervene has been rejected, although another court decision is required to grant the release of documents. FIFA and UEFA have been approached for comment.

## UEFA's Commercial Reach

[UEFA](https://akta.pro/company-profiles/000472n/uefa) is European football's governing body, representing 55 national associations from its headquarters in Nyon, Switzerland, according to akta.pro [company records](https://akta.pro/company-data). The same records state UEFA reinvests 97.5% of its net revenue back into the game. In June 2026 UEFA closed a 2027–2031 broadcast rights cycle across 19 global markets generating about €5.9 billion annually, a 20-40% increase over the prior cycle, with Disney+ and Paramount+ as primary anchor partners. UEFA also signed Lidl as its first-ever corporate partner in June 2026, sponsoring grassroots, health and schools programmes across all 55 member associations through 2030.

## Earlier Moves in the Dispute

On November 12, Devdiscourse reported that a US judge denied FIFA's attempt to intervene in UEFA's request for evidence in a Swiss criminal case against Infantino, with UEFA seeking testimony and documents from Florida-based FIFA entities over the abandoned $20 billion FIFA Forward Enterprise plan. On November 11, Yahoo reported that former FIFA president Joseph Blatter said UEFA will announce a candidate for the FIFA presidential election next year, after UEFA removed its support for Infantino when the investor plan was abandoned. On August 31, the New York Post reported that Thrive Capital CEO Josh Kushner said his firm failed to appreciate the political dynamics of global football in the scrapped $20 billion FIFA stake deal.

## Next Steps for UEFA

The ruling comes ahead of March's FIFA election, with Infantino set to run as he seeks a fourth term as president. Kozo Tashima, the honorary president of the Japanese Football Association, announced last week that he would run for the presidency. Former Arsenal manager Arsene Wenger is also considering putting himself forward as a candidate to challenge Infantino, and remains undecided over whether to launch a bid.

## Companies in this story

- [UEFA company profile](https://akta.pro/company-profiles/000472n/uefa) · website: http://uefa.com
- [Thrive Capital company profile](https://akta.pro/company-profiles/00000c3/thrive-capital) · website: http://thrivecap.com
- [JP Morgan company profile](https://akta.pro/company-profiles/00003nb/jp-morgan) · website: https://www.jpmorgan.com

---
News for Agent · https://newsforagent.com/llms.txt