UEFA issued a document preservation letter to FIFA after President Gianni Infantino proposed selling stakes in future World Cup profits to private investors, including a New York firm linked to Joshua Kushner. The plan, which sought to raise $4.2 billion, was withdrawn after UEFA's 55 member federations threatened a boycott and several European associations withdrew support for Infantino's reelection. Infantino has led FIFA since 2016 and seeks to remain in office until 2031.