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Fifa had floated the plan on Tuesday, saying it could raise up to $4.2 billion based on a valuation of $20 billion for a new Fifa Forward Enterprise, a commercial subsidiary it proposed to run events such as the World Cup and Club World Cup.
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The European football body called FIFA's abandoned commercial rights proposal a "victory for the whole game", accusing its leadership of lacking transparency and demanding greater accountability.
The former BFF president secures another term after Saff amended its constitution, removing the age limit and two-term restriction.
Infantino has come under growing criticism after abandoning the investment plan, with opposition extending beyond fans and politicians to some of world football's most influential governing bodies
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UEFA, who were the strongest opponents of FIFA's plan, slam the Gianni Infantino-led governing body despite standdown.
Uefa says it has lost confidence in Gianni Infantino's Fifa leadership as the fallout from the scrapped controversial investment plan intensifies.
Infantino said the proposal, which he acknowledged "created divisions", was no longer in the best interests of football
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