Fifa could draw US Congress inquiry over ‘smash-and-grab scam’, top Democrat warns
Top Democrat Jamie Raskin has warned that FIFA could face a significant US congressional investigation if Democrats regain control of the House of Representatives in November. Raskin, the ranking Democrat on the House Judiciary Committee, accused FIFA of a "smash-and-grab scam" following its proposal to privatize its commercial operations, reportedly valued at $20 billion.

Briefing Summary
AI-generatedTop Democrat Jamie Raskin has warned that FIFA could face a significant US congressional investigation if Democrats regain control of the House of Representatives in November. Raskin, the ranking Democrat on the House Judiciary Committee, accused FIFA of a "smash-and-grab scam" following its proposal to privatize its commercial operations, reportedly valued at $20 billion. This potential inquiry would examine FIFA's financial and political ties to Donald Trump and his family, with prospective investors including an entity linked to Joshua Kushner, brother of Jared Kushner. Raskin stated that a Democratic House majority would grant the committee the authority to compel testimony and documents to expose corruption and protect sports fans. The proposed privatization has already drawn criticism from UEFA, which has threatened to boycott the World Cup if FIFA proceeds.
Article analysis
Model · rule-basedKey claims
5 extractedUefa has warned that 'none of us are the owners of football' and voted to boycott the World Cup if Fifa proceeds with its plans.
Fifa's proposed multibillion-dollar privatization of its commercial operations is accused of being a 'smash-and-grab scam of colossal proportions'.
The US Department of Justice dropped bribery and money-laundering cases tied to the Fifa corruption scandal.
Fifa's commercial business is being spun off into a standalone company reportedly valued at about $20bn, with JPMorgan Chase leading fundraising and Thrive Eternal among prospective investors.
Fifa could face a sweeping US congressional investigation if Democrats reclaim the House of Representatives.