Gianni Infantino's FIFA reign under threat after humiliating World Cup sell-off collapse

Gianni Infantino faces the most serious threat to his FIFA presidency after UEFA publicly declared it had lost confidence in FIFA leadership.

Infantino abandoned a proposal to sell private investors a stake in FIFA's competitions, including the World Cups, after UEFA and other confederations opposed it.

The proposal involved creating FIFA Forward Enterprise, valued at ~$20 billion, with plans to sell up to 20% to investors for ~$4.2 billion.

Joshua Kushner's Thrive Eternal was the proposed lead investor, with JPMorgan overseeing the process; FIFA had offered member associations a one-time $20 million payment.

UEFA's 55 associations unanimously rejected the proposal and threatened to boycott FIFA competitions until it was withdrawn.