Infantino abandons plan to sell off stake in World Cup

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.

FIFA had announced on Tuesday that it was seeking to launch FIFA Forward Enterprise (FFE), which would bring together the sale of FIFA's commercial rights - including broadcasting, sponsorship, ticketing and licensing - with the operational delivery of its tournaments.