Gianni Infantino’s future as president of football’s governing body is in serious doubt after he pulled the plug on a divisive plan to spin out a new commercial entity from Fifa and sell a stake to investors.
Infantino, who has led the Swiss-based non-profit for a decade, announced he was ditching the investment scheme late on Friday night, saying it had “created divisions” within football that undermined the plan’s objectives.
That climbdown came after days of intense criticism, with 55 European countries vowing to boycott all Fifa competitions until the plan was dropped.
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