FIFA crisis timeline: From World Cup final to global standoff

Aug 14 : Here is a timeline of events where FIFA president Gianni Infantino introduced a proposal to sell a slice of the World Cup's commercial future that backfired and sparked a global revolt in the sport:

July 19 - The first 48-team World Cup concludes at New York New Jersey stadium with Infantino and U.S. President Donald Trump, booed as they walked onto the pitch, presenting the trophy to Spain after their 1-0 win over Argentina.

July 28 - Shortly after a leak in the British media, FIFA announces it wants to create a $20 billion subsidiary to run the World Cup and other competitions, raising $4.2 billion for soccer development by selling a 20 per cent stake to external investors.

Bypassing the six regional confederations, Infantino pitches the scheme in a letter to the presidents of each of FIFA's 211 member associations, promising each $40 million if they agreed to the scheme by September 19.   

July 28 - European confederation UEFA criticises the move, saying FIFA's proposal "crosses a line that football's governing bodies should never cross".

None of us are the owners of football. It is not FIFA's to sell," UEFA says.

July 29 - CONCACAF, which runs football in the Caribbean, North and Central America, says it was not consulted before FIFA came up with the proposal and that it learned of the matter through media reports and a subsequent media release.

July 29 - The Asian confederation (AFC) says it is disappointed that a proposal of such magnitude was introduced before they had the opportunity to examine it, adding that such initiatives should be based on "good governance, transparency and meaningful consultation."

July 30 - UEFA nations hold a virtual emergency meeting and unanimously vote to boycott the World Cup and