The latest withdrawals come in the wake of FIFA's controversial and now-abandoned proposal to sell approximately 20 per cent of a newly created commercial entity responsible for managing major competitions, including the FIFA World Cup, to private investors.
The crisis surrounding FIFA President Gianni Infantino's bid for another term in office has deepened after the football federations of Serbia and Sweden joined Wales in withdrawing their support for his re-election, intensifying pressure on the embattled football chief amid growing concerns over the world football governing body's leadership and governance.
The latest withdrawals come in the wake of FIFA's controversial and now-abandoned proposal to sell approximately 20 per cent of a newly created commercial entity responsible for managing major competitions, including the FIFA World Cup, to private investors.
The investment plan, which was projected to generate as much as $4.2 billion for FIFA, was shelved on Friday after facing stiff resistance from key stakeholders, triggering renewed criticism of Infantino's leadership and decision-making within the organisation.
On Monday, the Football Association of Serbia announced that it had reversed its earlier decision to endorse Infantino for another term as FIFA President.
