Fifa president Gianni Infantino

Carlos Cordeiro has resigned as a senior adviser to FIFA president Gianni Infantino, hours after the Asian Football Confederation became the third major football confederation to oppose Infantino’s proposal to sell stakes in FIFA competitions to private investors.

Cordeiro criticised the proposal, describing it as “a bad deal for football” that would “mortgage football’s future.” His resignation adds to the growing resistance to the plan, which has already been rejected by UEFA and Concacaf.

As reported by BBC Sport on Friday, in a statement, the AFC said it “stands in solidarity” with its counterparts in Europe and North, Central America and the Caribbean, arguing that the proposal could not “realistically achieve the necessary broad consensus and unity required to move forward.”

The AFC also defended the importance of the FIFA World Cup, saying, “The FIFA World Cup is the pinnacle of global football and derives its strength from the participation of all Confederations and the world’s leading football nations.” Related News Asian football confederation joins UEFA, CONCACAF in opposing FIFA investment plan Morocco edge Algeria to book WAFCON quarter-final spot FIFA rejects criticism, to continue consultation on investor plan