FIFA has scrapped its controversial plan to sell a stake in the World Cup and other competitions, following widespread backlash and threats of boycott from UEFA and other football confederations. The decision came after significant opposition to the proposed $20 billion private equity deal.

UEFA is threatening to boycott tournaments and held an emergency meeting to discuss FIFA's proposed World Cup investment plan. FIFA President Gianni Infantino defended the plan as a "golden opportunity" despite opposition from various football bodies.