Thursday's draw for this season's Champions League has been somewhat overshadowed by the latest developments in the dispute between UEFA and FIFA over plans to bring private financing into the World Cup, with European football's governing body expected to drop a threatened boycott of global competitions. UEFA, whose clubs and national teams dominate football's global economy, reacted furiously when it emerged in late July that Gianni Infantino's FIFA was aiming to create a commercial subsidiary to run its biggest events, such as the World Cup and Club World Cup. The proposal would have allowed private investors to acquire stakes in a company created under the FIFA Forward Enterprise (FFE) initiative. Read moreUEFA chief Ceferin calls for Infantino to quit but rules out replacing him UEFA, under president Aleksander Ceferin, had described the proposal in scathing terms, labelling it a "shady, opaque backroom deal". "No UEFA national teams will participate in any FIFA competition for so long as these proposals remain alive," said the European governing body in a strong statement widely credited as being pivotal in the controversial plan being quickly shelved. However, with UEFA executives and European member associations meeting in the glitzy surrounds of Monaco on Thursday just before the Champions League draw, sources told AFP the threat to boycott FIFA tournaments would "likely" be withdrawn. UEFA had demanded that the plan be ditched, but also sought assurances "that such attempts to disfigure the game in this way will never be made again".