Soccer-Infantino's FIFA future in jeopardy after private equity gamble backfires

By Ian Ransom and Kokkai Ng Aug 1 (Reuters) - FIFA president Gianni Infantino, hitherto untouchable at the helm of soccer's global governing body, suffered a crushing blow on Friday when his bold reach for private equity riches was brought to an end in the face of a ferocious backlash. A FIFA statement, attributed to Infantino, conceded that the proposal to create a commercial entity to run the World Cup and other tournaments, 20% of which would be sold to private investors, was divisive and…