FIFA has scrapped Gianni Infantino's proposal to sell a stake in World Cup profits to private investors following widespread opposition from football federations and senior officials.

FIFA President Gianni Infantino on Saturday said he was abandoning a controversial plan to allow private investment in the World Cup after fierce backlash. Pressure mounted on…

FIFA abandoned a plan to create a commercial venture and then sell stakes to minority investors, just days after unveiling it. The plan drew sharp condemnation — and a boycott…