NYON, Switzerland (AP) — 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.

The pressure is rising on FIFA President Gianni Infantino to ditch a $20 billion privatization plan, but soccer's governing body is doubling down and criticizing the media.

Jared Kushner‘s younger brother, Joshua Kushner, has seen his high-profile FIFA World Cup investment bid collapse after world soccer leaders The Jared Kushner’s Brother Loses Out As FIFA World Cup Dea

FIFA President Gianni Infantino said his proposal "will not proceed" after UEFA — the European football association that includes powerhouses such as Spain, France, England and Germany — unanimously threatened to boycott all FIFA competitions going forward.

ZURICH (AP) — FIFA President Gianni Infantino is abandoning his divisive plan to sell World Cup profits to private equity after receiving pushback from all corners of the soccer world. Infantino issued a statement on Friday saying that the divisions caused by the proposal are “no longer in the interest of the objective set out in the first place.

Gianni Infantino's FIFA presidency is on life support after his abandoned attempt to sell a stake of the World Cup to private equity draws international outrage.

FIFA president Gianni Infantino's ploy to sell stakes in the World Cup to private investors has angered another significant party. Carlos Cordeiro, one of Infantino's top advisers, resigned from his position at FIFA over Infantino's proposal.