UEFA says confidence in FIFA leadership has fallen after investment plan was dropped

Key points

• FIFA President Gianni Infantino announced the proposed private-investment project would be scrapped after opposition within football.
• The proposal involved minority, non-controlling stakes in a subsidiary overseeing commercial operations and events, including World Cups.
• UEFA and its 55 member associations had threatened to boycott FIFA competitions unless the proposal was withdrawn and private ownership excluded.
• UEFA said FIFA’s current leadership has lost its confidence and that of many other football stakeholders.
• UEFA said it wants to work with partners to develop alternative resource-distribution methods through the existing FIFA Forward Programme.