FIFA President Gianni Infantino has abandoned plans to sell stakes in a new company that would have managed the commercial and operational aspects of the men's and women's World Cups after facing strong opposition from football organizations, clubs and former officials. The proposal would have created a new entity, known as FIFA Forward Enterprise, in which private investors could purchase shares.

A new FIFA proposal to sell off a stake in the World Cup has been met with fury in the football world. Under Gianni Infantino’s presidency, FIFA has become increasingly…

Gianni Infantino has written to all 211 member associations, offering each $40 million (€35 million) if they back his controversial plan to sell stakes in the governing body's…