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New FIFA czar welcomes investigations after Euopean soccer HQ raid

FIFA president Gianni Infantino says he welcomes any investigation into Union of European Football Associations matters following raids conducted at the Nyon, Switzerland, headquarters of European soccer's governing body.

Widely released reports claimed documents within the so-called "Panama Papers" — which were leaked from law firm Mossack Fonseca to the international media — indicated that, during his time as UEFA's director of legal services, Infantino signed off on a deal to sell South American broadcasting rights for the Champions League, UEFA Cup and Super Cup to Cross Trading in 2006.

MORE: Infantino's initial reaction | Embattled soccer officials | Copa America roster

The papers allegedly show Cross Trading to have sold the rights on at a significant mark-up to broadcaster Teleamazonas.