Fifa scraps private investment plan after backlash: Infantino

But the idea of allowing private investors even a small stake was quickly condemned.

European football’s governing body Uefa said none of its national teams would participate in any Fifa competition “for so long as these proposals remain alive”.

The Asian Football Confederation (AFC), and North American and Caribbean federation (Concacaf) also condemned the move.

A damaging blow to Infantino himself came with the resignation of senior adviser Carlos Cordeiro, who called the idea “a bad deal for Fifa’s member associations, a bad deal for football, and a bad deal for the long-term future of the game”.

Infantino on Friday evening (local time) said the project was conceived as a means of strengthening member associations, and that it would only have gone ahead if a majority supported it.

“Having listened carefully to all the views, it has become clear that the project has created divisions of a nature that, regardless of the level of support, are no longer in the interest of the objective set out in the first place,” he said.

- AFP

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