Carlos Cordeiro, senior adviser to FIFA President Gianni Infantino, has resigned following the proposal by football’s governing body to sell a stake in its World Cups and events.

Cordeiro said on Friday that he is stepping down with immediate effect in protest at proposals to seek private investment in a newly formed FIFA Forward Enterprise venture, calling the plan “a bad deal for football”.

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“Let me be clear: I had no involvement in this proposal and I oppose it unequivocally,” Cordeiro said in a statement.

“It is a bad deal for FIFA’s Member Associations, a bad deal for football and a bad deal for the long-term future of the game.”

Cordeiro had represented football’s global governing body on the White House Task Force for the 2026 World Cup, held in United States, Canada and Mexico.

More to follow.