KUALA LUMPUR, Aug 1 — The Asian Football Confederation said today it welcomed the scrapping of Fifa’s proposal to allow private investment in the World Cup.AFC President Shaikh...

FIFA's announcement also produced a furious backlash from European football's governing body UEFA, which said the World Cup was not an "asset to trade".

Americas governing body 'deeply concerned' by lack of due process in FIFA private investment plan, AFC 'disappointed'.