Thrive’s Kushner defends involvement in FIFA mess, hires Elon’s go-to lawyer

Thrive Capital agreed to lead a $4.2 billion secondary-share purchase representing 20% of the proposed FIFA Forward Enterprise, valuing the entity at $20 billion, but the plan was abandoned after European and North American member associations objected to private-equity influence. UEFA is now suing FIFA and demanding Thrive produce valuation models, term sheets and investor identities, while founder Josh Kushner issued a statement saying the concept was sound but that the political fallout was unforeseen.