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UEFA loses confidence in Infantino after World Cup sale collapse
The European Football Union (UEFA) announced that it has withdrawn its confidence from Gianni Infantino, the President of the International Federation of Football Associations (FIFA), following the failure of the plan to sell shares in FIFA competitions, including the World Cup. The plan aimed to sell a stake valued at 3.1 billion pounds to private investors, led by Joshua Kushner. However, UEFA and the leaders of national and local federations collectively opposed the proposal, leading to its cancellation. UEFA reaffirmed that it will no longer allow the sale of football assets to generate revenue, and that it will conduct a comprehensive review to ensure the stability of the sport. This review will respect the available funds for use in developing football and distributing resources fairly, as Infantino's plan failed to gain the trust of the football community. The process of rebuilding that trust has now begun.
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