July 31 (UPI) -- FIFA dropped Friday a plan to sell stakes in the World Cup to private investors after severe backlash from worldwide soccer confederations.

Aug 1 : FIFA President Gianni Infantino said on Friday that world soccer's governing body had scrapped plans to sell a stake in the World Cup to private investors after a widespread backlash.The following are quotes and reactions:UEFA STATEMENT"UEFA welcomes FIFA’s decision to withdraw its pla

The beleaguered Infantino said he would focus now on restoring harmony while continuing to grow the game.

The beleaguered Infantino said he would focus now on restoring harmony while continuing to grow the game.

The Royal Dutch Football Association (KNVB) said Saturday it is pleased FIFA withdrew its controversial proposal to create a company that would manage and issue shares for the World Cup. However, the KNVB sees no future with Gianni Infantino as president of FIFA, AD

British Finance Minister John Healey stated that FIFA's controversial plan to sell a stake in the World Cup is collapsing following fierce, coordinated pushback from European football authorities...

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.

FIFA President Gianni Infantino was met with unprecedented backlash following his proposal for the structural reform of the World Cup. Under pressure, he announced that he was withdrawing his plan to…

Europe’s football governing body said the tournament should not be seen as an investment product and is 'not for sale'.