India, Aug. 6 -- Gianni Infantino is staying put as FIFA president despite a chorus of international criticism.

FIFA sent a letter to its 211 member federations on Wednesday following a crisis meeting in Rabat, Morocco. The summit was called after Infantino's controversial plan to sell stakes in the World Cup and other tournaments to private investors collapsed under severe pressure.

The official correspondence, signed by Infantino and FIFA secretary general Mattias Grafstrom, delivered a rare public apology.

"We acknowledge that there were errors in the proposal to create the project," the letter stated regarding the failed FIFA Forward Enterprise scheme. "It was never our aim to exclude the FIFA Council and the member federations fro...