European soccer body UEFA warns FIFA of legal action over Infantino's failed World Cup sell-off plan

European soccer body UEFA has threatened FIFA with legal action over Gianni Infantino's failed plan to sell a stake in future World Cup profits to private investors, and said any potential evidence should not be destroyed.

Infantino's secretive proposal to raise $4.2 billion US from investors including the New York investment firm of Joshua Kushner was dropped early Saturday, days after the revelation in media reports provoked a global furor.

UEFA led the backlash and on Thursday its 55 member federations met to agree boycotting all FIFA events and competitions while the proposal was active.

Now lawyers for UEFA have informed FIFA that the European body is "actively considering legal action, arbitration, and/or regulatory complaints ... arising out of and in connection with the FFE (FIFA Forward Enterprise) plan proposed by FIFA and all related matters."

The letter dated Friday from the legal firm Dechert in New York was seen Monday by The Associated Press.

The letter named 18 FIFA executives who it said should retain data, documents and electronic messages as potential evidence. They include Infantino, Zurich-based chief finance officer Thomas Peyer and Arsene Wenger, the coaching great who is FIFA's head of global soccer development.

"UEFA puts you on formal notice that any destruction, deletion, alteration, concealment, or loss of relevant materials following receipt of this notice — or following any earlier date on which you were, or reasonably should have been, aware that proceedings were anticipated — may constitute spoliation of evidence," the letter said.

The Swedish soccer federation confirmed Monday that UEFA is actively looking "to come up with an alternative candidate" as FIFA president. The next election is