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

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.

Kushner-backed $20 billion plan unravels after soccer bodies from Europe, Asia and North America united in opposition

FIFA president Gianni Infantino and his team are getting a big no-confidence vote from UEFA (Union of European Football Associations).

The Asian Football Confederation expressed "deep concern" about the proposed establishment of a US$20 billion commercial subsidiary, FIFA Forward Enterprise (FFE), to run the World Cup and FIFA's other events.

July 31 : Non-profit fan network Football Supporters Europe (FSE) has opposed FIFA's proposal to sell a stake in the World Cup and called for reform in the world soccer body amid widespread criticism of the plan.UEFA nations have unanimously voted to boycott the World Cup and other FIFA tournaments over the p