US President Donald Trump has denied discussing FIFA's proposals to offer stakes to external investors with Gianni Infantino.

Speaking to reporters at Camp David, Mr Trump addressed the matter after FIFA announced earlier this week its intention to create a $20 billion subsidiary to run the World Cup and its other events.

This new subsidiary would offer up to 20 per cent of its shares to outside investors.

The proposed investor group is reportedly set to be led by a vehicle founded by Joshua Kushner, brother of President Trump’s son-in-law, Jared Kushner.

The denial comes amid a close relationship between Mr Trump and FIFA president Mr Infantino, which developed before and during the FIFA World Cup this summer.

Gianni Infantino is facing significant backlash over his proposals to privatise football tournaments, with a UEFA boycott and internal dissent threatening his plans.

His long-term adviser, Carlos Cordeiro, has resigned in protest, while FIFA's chief operating officer accused Infantino of "deceiving" staff regarding his intentions.

The Asian Football Confederation (AFC) has now joined UEFA and Concacaf in publicly rejecting the plans, stating that confidence in FIFA's governance has been "undermined".

FIFA, however, has pushed back against UEFA, insisting that "nobody is selling football" and confirming that a consultation period will continue ahead of a vote scheduled for 19 September.

With another major federation aligning against him, Infantino appears unlikely to secure the necessary votes, instead confronting escalating opposition to his leadership.

Fifa also appear to have accelerated plans to expand the World Cup to 64 teams.

A private document, first revealed byMartin Ziegler of The Times, shows that Fifa issued a brief for further World Cup expansion on Thursday 30 July.

Fifa wants to “appoint an independent agency” to explore expanding the World Cup from 48 to 64 teams, with an intention to implement the format from the 2030 edition. This summer’s World Cup was the first to have 48 teams compete after the increase from 32.