Soccer-UEFA says it has lost confidence in Infantino as FIFA faces calls for transparency

Aug 1 (Reuters) - UEFA said it had lost confidence in FIFA President Gianni Infantino on Saturday after world soccer's governing body abandoned plans to sell a stake in the commercial rights to the World Cup. FIFA's proposal had triggered a fierce backlash from regional confederations who said they had been blindsided by Infantino's plans to raise up to $4.2 billion by selling about a 20% stake to private investors in a new unit that would run FIFA events, including the World Cup.