UEFA increased the heat on Fifa president Gianni Infantino at the weekend by saying he has “lost the confidence” of the European governing body over a plan to sell stakes in a World Cup company to private investors.

Opposition from three confederations prompted Fifa to drop the controversial proposal, dealing a significant setback to president Gianni Infantino.

Uefa had pledged to boycott Fifa competitions until the idea was scrapped, and is understood to be considering further action, including the possibility of triggering a no-confidence vote in Swiss official Infantino, which would require the backing of 43 Fifa member nations.

While Uefa welcomed the decision to drop the proposal, it believes Infantino has lost the trust of the football world through his actions, describing the plan as a “shabby, back room, opaque deal.”

“We cannot keep going on like this with secret schemes on fast track timescales, cooked up by faceless individuals and of dubious benefit to the game. We must identify those responsible and hold them to account,” Uefa said.

“It is right that, in the coming days and weeks, Uefa will work with its associations and in close co-operation with other confederations to reflect on how this happened and devise a plan to make sure that it cannot occur again.

“That review should be thorough and fundamental. No option should be off the table. The current Fifa leadership has not only lost Uefa’s confidence but also that of many other members of the football family.”

The FA echoed Uefa’s statement, with a spokeswoman saying: “We fully support Uefa’s position.

“It is time for a full and robust review of Fifa’s leadership and governance to ensure that the global game is run transparently, for the benefit of all 211 member nations and with the long-term stewardship of football at its heart.”

Prime Minister Andy Burnham also welcomed the climbdown, telling reporters in Manchester: “It’s the right decision.”

Infantino finally confirmed in the early hours of Saturday that the plan would not go ahead, with the Asian Football Confederation (AFC) and CONCACAF – the confederation for North America, Central America and the Caribbean – also opposed.

Carlos Cordeiro – Infantino’s senior adviser on global strategy and governance – resigned over the matter, saying the proposal was “a bad deal for football” and would “mortgage football’s future.”

The question now is who might seek to challenge him for the presidency, with an election scheduled for March next year.

Infantino appears intent to carry on despite the humiliation over FFE, admitting it had “created divisions” but adding: “My intent is to bring all interested parties back together in the coming days and weeks.”