-
Cash for nature protection: hotelier's offer to Principe islanders
-
From transit to consumption: drug use surges in Mozambique
-
US miner KoBold bets on AI to gain edge in DR Congo mineral hunt
-
Chicago teams, Guardians and Padres all book MLB playoff berths
-
Internet disrupted in Ethiopia as conflict rages
-
Bijan Robinson destroys Packers in 35-14 win for Falcons
-
Asian markets mixed after oil gains
-
Harimoto hails new era as Japan dethrone table tennis kings China
-
'Genius' Ohashi bids for third Asian Games gold after world record
-
India rape cases turn focus back onto women's safety
-
India's 'Tree Father' plants for a greener future
-
Rebellious Afghan taxi drivers defy ban on music
-
Hopping mad: New health warning stirs up Belgian brewers
-
Brazil candidates mount digital armies for fierce online campaign
-
Canadian capital to rename 'Trump Ave'
-
Nepal PM says floods 'a warning to the world' about climate change
-
Pope heads to France on first state visit in 18 years
-
Trump hosts Xi for state dinner as pomp masks tensions
-
Bacteria suspected in deaths of hundreds of baby whales off Argentina
-
Scheffler and Burns give US 3-2 Presidents Cup lead
-
US 'must choose' whether to end war: Iran president to Fox News
-
Hollywood stars among 100 arrested in NY anti-Netanyahu protest
-
UN approves resolution on dealing with rising sea levels
-
Klopp denied on Germany debut as Portugal win in Nations League
-
Yalcouye makes dream debut as Ivory Coast beat Ghana in AFCON qualifier
-
Rich nations should foot climate bill, says Nepal minister
-
Chicago's White Sox and Cubs book MLB playoff berths
-
Wellalage and Mendis star as Sri Lanka level England series in thriller
-
Last-gasp Gakpo strike snatches Dutch draw to sour Klopp debut
-
Felix gives Portugal win over Wales as Ronaldo misfires
-
Global stocks mostly fall as oil prices and bond yields rise
-
Wellalage and Mendis star as Sri Lanka level England ODI series
-
Israel's Netanyahu denounces enemies, allies in fiery UN speech
-
Guyana urges Venezuela at UN to respect ICJ's ruling on Essequibo region
-
Hollywood stars among arrests in NY anti-Netanyahu protest
-
Argentina coach says Messi deserves to go out on own terms
-
Losing start in AFCON qualifying for 78-year-old coach Le Roy
-
Xi sets red lines for Trump despite lavish White House welcome
-
Italy bans burqas in schools, caps numbers of foreign students per class
-
Cowboys, Ravens happy with footing for first Rio NFL clash
-
Israel policies threaten 'life and existence' of Palestinians, Abbas says
-
Starbucks to close 250 more cafes in North America
-
Paolini steers Italy past China in BJK
-
French actress Marina Vlady dies at 88
-
Zidane admits emotion on eve of first game as France coach
-
CNN, MS NOW, Politico allowed back in White House after judge's order
-
Breetzke and Maharaj sink Australia in first one-day international
-
Morocco's ruling coalition dominates low-turnout parliament election
-
Zelensky broke confidentiality with North Korea POWs disclosure: South's president
-
Napoli hoping to build new stadium, says owner
Infantino has lost UEFA's 'confidence' despite withdrawal of 'shabby deal'
FIFA president Gianni Infantino has lost the "confidence" of European football's governing body UEFA after his plan to allow private investment in the World Cup was withdrawn following a global backlash.
UEFA had threatened to boycott all FIFA competitions if Infantino had insisted on trying to push through his plan which they dismissed on Saturday as a "shabby, back room, opaque deal."
FIFA's plan, which had envisaged raising up to $4.2 billion based on a valuation of $20 billion for FIFA Forward Enterprise (FFE), a planned commercial subsidiary to run events such as the World Cup and Club World Cup.
It said the project could provide each of FIFA's 211 member associations with a one-off payment of $20 million in early 2027 and increase their funding allocation for the 2027-2030 cycle from $8 million to $20 million.
All that has gone up in smoke and UEFA rammed home the damage that has been done just weeks after FIFA and Infantino had basked in the afterglow of what was judged a successful World Cup, the first with 48 teams and spread over three countries.
"The current FIFA leadership has not only lost UEFA's confidence but also that of many other members of the football family," read the statement.
While UEFA welcomed the withdrawal of a proposal unanimously rejected by itself and also by other confederations "whose job it is to protect football" it did not hold back in its criticism of Infantino.
The statement said the 56-year-old Swiss had broken promises he made when he successfully first sought election in 2016 -- namely to be "transparent" and that FIFA's money was "your (the member associations) money and "not the money of the FIFA President."
"On both these promises, he has failed to deliver," said UEFA.
"The shabby, back room, opaque deal he hatched and tried to force through were anything but transparent.
- 'Cannot occur again' -
"And with reserves standing at over $5bn, he has also failed to use associations' money for the benefit of the game."
UEFA said "we cannot keep going on like this with secret schemes on fast track timescales", and that now was the time for responsible parties to come together and prevent it happening again.
"It is right that, in the coming days and weeks, UEFA will work with its associations and in close cooperation with other confederations to reflect on how this happened and devise a plan to make sure that it cannot occur again," they said.
"That review should be thorough and fundamental. No option should be off the table."
Infantino was expected to be re-elected unopposed for a third and final term next year but this humiliating spectacle has perhaps opened the way for a rival to step forward.
UEFA were already at loggerheads with FIFA. Their president Aleksander Ceferin boycotted the World Cup final.
"This is a victory for the whole game. But it must not be the end of the story," UEFA said.
"The proposal has gone. The task of rebuilding trust in FIFA has only just begun."
J.Bergmann--BTB