Sources claim Infantino initially scrambled to find a new investment group after Thrive indicated it would pull out. But Infantino quickly realised the financial world, like Thrive, had been spooked by the backlash.
Telegraph Sport understands Thrive Eternal, the private investment firm at the heart of the plot, had privately urged Fifa to pull the plug on the scheme following intensifying backlash.
🚨 Gianni Infantino’s plan to sell off the World Cup appears to be dead in the water after the Asian Football Confederation joined resistance to the plan.
The combined voting powers of the Asian, American and European bodies means Infantino will not reach the required 50 per cent votes threshold, effectively meaning that his controversial plan will not pass, as it stands.
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"Although not on the agenda today, the sentiment and discussion expressed among the vast majority of Concacaf members is that they are losing confidence, or have lost confidence, in the ability of Gianni Infantino as Fifa president moving forward," one source close to talks add.
New: Concacaf and its 41 member associations have stopped short of following Uefa into a boycott but have rejected the Fifa proposal at their own emergency meeting and "asked their Fifa Council Members with engaging Fifa to determine how existing FIFA reserves could be used to increase Fifa Forward funding for football development across our region"
Sheikh Salman bin Ibrahim Al Khalifa, president of the Asian Football Confederation [AFC], is among those dismayed at being blindsided by Gianni Infantino’s $15bn proposals.
"The AFC is deeply concerned that Fifa’s unilateral actions appear to undermine the very foundations of continental football, which are based on solidarity, cooperation and transparency.”
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Behind the scenes, there is astonishment about Infantino blindsiding many senior figures close to Fifa - including Debbie Hewitt, the FA chair and British vice-president on the Fifa Council.
Leading nations are also taken aback by Infantino telling them he would need only a 50 per cent-plus majority from the 211 nations to press forward with the enterprise. In other regulatory votes, the threshold had been 75 per cent, one source claimed.
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FA on Fifa plans: "We were completely unaware of this proposal and have no substantive details, including what the proposition actually is, and what conditions are attached. Based on the limited information, we are deeply concerned about the lack of process and governance to get to this point, and the apparent substance and principles involved. When the proposal is shared in the full and transparent way now promised by Fifa, we will make our views clear, and comment further."
Uefa on Fifa re sell off plans: “This crosses a line that football’s governing institutions should never cross...The soul and governance of football are not assets to trade - especially with zero transparency as to who gains financially. None of us are the owners of football. It is not Fifa’s to sell"