UEFA, Concacaf, and the Asian Football Confederation issued a joint letter on August 10 expressing their loss of confidence in FIFA president Gianni Infantino, calling his conduct a « fundamental breach of trust » and a « profound failure of judgment. » At the center of the crisis: Infantino’s abandoned plan to sell a 20% minority stake in a commercial entity tied to FIFA’s operations, with assets valued at roughly $20 billion, representing a potential transaction of around $4 billion. Facing fierce opposition and threatened boycotts from multiple federations, Infantino pulled the plug on the deal. Norway’s Football Federation president Lise Klaveness had already called for his resignation on August 7. Infantino is set to announce his candidacy for re-election at the FIFA Congress in Morocco on March 18, 2027, amid growing tensions between FIFA’s expanding commercial ambitions and its governance structures.
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