Aug 3 : Wales said it will withdraw support for FIFA President Gianni Infantino's re-election bid for a new term from 2027-2031 after his failed plan to sell a stake in the World Cup's commercial rights.FIFA's ambitious plan to unlock up to $4.2 billion from private investors by selling a roughly 20 per cent

Gianni Infantino said world soccer’s governing body has scrapped plans to sell a stake in the World Cup to private investors after widespread backlash.

Gianni Infantino's plans to sell stakes in the World Cup and other FIFA tournaments were met with strong backlash.