FIFA ends plan to sell off World Cup stake as UEFA declares no confidence in Infantino

FIFA president Gianni Infantino has abandoned his controversial plan to sell a stake in future World Cup profits to private equity investors after fierce opposition from football's governing bodies.

GENEVA (AP) -- Successfully stopping Gianni Infantino's FIFA plan to sell World Cup profits to private investors was the first half of a high-stakes game in global soccer politics. The second half kicked off Saturday with what seemed a clear aim of ending Infantino's decade-long presidency. "No option should be off the

FIFA president Gianni Infantino came under increasing fire from continental governing bodies on Saturday despite scrapping a widely-derided plan to allow private investment in the World Cup.

Gianni Infantino had proposed creating a $20 billion company to run the World Cup with private investors, but drew backlash that grew every day since Tuesday’s announcement. He was forced to scrap the plan early Saturday after his senior adviser who sat on a White House panel resigned and Asia’s soccer body joined Euro

UEFA says it has lost confidence in FIFA President Gianni Infantino and that “no option should be off the table” as it will pursue a full review of his now abandoned plan to sell stakes of the World Cup to private equity investors

Former FA chief demands ‘root and branch’ Fifa reform after World Cup sell-off U-turn and Gianni Infantino 'overplayed his hand'  GB News

Europe's governing body, UEFA has called Gianni Infantino's decision to abandon his plans to sell stakes in FIFA competitions to private equity investors a "victory for the whole game."

European governing body insists ‘those responsible’ for failed World Cup sell-off are held to account.

Infantino ditched proposals after widespread backlash Uefa adds: ‘We cannot keep going on with secret schemes’ Gianni Infantino “has lost the confidence” of Uefa following his aborted project to sell off the World Cup to private investors, European football’s governing body has said. Uefa castigated “secret schemes o

Uefa slammed the current Fifa leadership for ‘failing to deliver’ on promises made when Infantino was elected and for the ‘shabby, back room’ deal

FIFA president Gianni Infantino has “lost the confidence” of UEFA over a plan to sell stakes in a World Cup company to private investors, the European football governing body has said.While UEFA welcomed the decision to drop the proposal, it believes Infantino has lost the trust of the football world through his action

Aug 1 (Reuters) - FIFA President Gianni Infantino is under unprecedented fire after regional confederations UEFA and CONCACAF said on Saturday they had lost confidence in his leadership following his abandoned plan to sell a stake in World Cup commercial rights. The dramatic fallout from Infantino's scrapped $4.2-billi

Prime Minister Andy Burnham had also waded in against the proposal

FIFA's leadership would like to make sure everyone understands how it plans to sell off part of the World Cup.

Europe’s football governing body said the tournament should not be seen as an investment product and is 'not for sale'.

European soccer associations voted unanimously to boycott FIFA competitions until plans to sell stakes in a $20 billion tournament subsidiary are withdrawn.

July 30 : Following is UEFA's statement on Thursday regarding FIFA's plan to sell stakes to external investors in a subsidiary to run World Cup and other FIFA competitions."UEFA and its 55 member associations stand as one. We unanimously and unequivocally reject FIFA’s proposal to transfer ownership interests in the Wo