FIFA: FIFA president Gianni Infantino

Serbia and Sweden on Monday joined Wales in withdrawing their support for FIFA President Gianni Infantino’s bid for another term, dealing a fresh setback to his re-election campaign amid growing criticism of his leadership.

The backlash follows FIFA’s abandoned proposal to sell a roughly 20 per cent stake in a new commercial entity overseeing competitions, including the FIFA World Cup, to private investors.

The plan, which was expected to unlock up to $4.2bn, was shelved on Friday after strong opposition from stakeholders.

In a statement, the Football Association of Serbia said it had reversed its earlier decision to back Infantino.