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Michel Platini has announced he will not stand in the FIFA presidential election in February.

The 60-year-old suspended UEFA president, along with FIFA president Sepp Blatter, has been banned from soccer-related activities for eight years by world football’s governing body.

Michel Platini and Sepp Blatter were found guilty of breaches surrounding a 2 million euro “disloyal payment” made to Platini in 2011.

The two men are appealing against their bans, but Michel Platini says the timing of the February 26 election means he cannot run.

“I’m withdrawing from the race for the FIFA presidency,” Michel Platini told the Associated Press.

“The timing is not good for me. I don’t have the means to fight on equal terms with the other candidates.

“I have not been given the chance to play the game. Bye bye FIFA, bye bye FIFA presidency.” Michel Platini FIFA election 2016

Michel Platini, president of European soccer’s governing body since 2007, had submitted his candidacy for the FIFA presidential election but could not stand while suspended.

He and Sepp Blatter, 79, plan to take their cases to the Court of Arbitration for Sport.

“I’ve spent more time in hearing rooms than on football pitches speaking about 4-3-3 or 4-4-2 or football news,” added Michel Platini.

“I’m taking this philosophically. Let’s wait and see what happens. But injustice is revolting me and I’m trying to fight it.”

Michel Platini and Sepp Blatter claimed the payment was honoring an agreement made in 1998 for work carried out between 1998 and 2002, when Platini worked as a technical adviser for Blatter.

FIFA’s ethics committee said there was “not sufficient evidence” to establish the payment was a bribe, but both men demonstrated an “abusive execution” of their positions.

“I can’t have any regret in that story because things fell upon my head while I haven’t done anything wrong,” added Michel Platini.

“I’m struggling to understand what happened, unless there was a will somewhere to prevent me from bidding.”

There are five candidates to succeed Sepp Blatter, who has been FIFA president since 1998:

  • Sheikh Salman bin Ebrahim al-Khalifa – 50, Bahrain, president of Asian Football Confederation;
  • Tokyo Sexwale – 62, South Africa, politician, businessman and former political prisoner;
  • Prince Ali bin al-Hussein – 40, Jordan, a former FIFA vice-president and 2015 FIFA presidential candidate;
  • Gianni Infantino – 45, Switzerland, UEFA general secretary and a member of FIFA’s reform committee;
  • Jerome Champagne – 57, France, a former FIFA assistant general secretary and former French diplomat.

Voting will take place by secret ballot, with all FIFA’s 209 member states having a vote each.

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Michel Platini has failed in his bid to have his 90-day provisional suspension from soccer lifted.

UEFA president’s request was denied by the Court of Arbitration for Sport on December 11, which means Michel Platini will not be allowed to attend the Euro 2016 finals draw in Paris on December 12.

Michel Platini, 60, was suspended along with FIFA President Sepp Blatter in October while corruption claims are investigated.

Both deny any wrongdoing.Michel Platini FIFA suspension

Michel Platini and Sepp Blatter will have personal hearings with FIFA’s ethics committee next week, following allegations that a 2 million euro payment was made in 2011 for work Platini did as Blatter’s adviser.

A verdict is expected on December 21.

Ethics investigators for football’s world governing body, who handed down the initial 90-day suspension, have recommended a life ban for Michel Platini.

Sepp Blatter has announced he will stand down from his post, and FIFA’s next president will be chosen at a special congress on February 26, 2016.

Michel Platini is one of the favorites to replace Sepp Blatter and still plans to stand.

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Soccer’s governing body FIFA has decided to provisionally suspend its president, Sepp Blatter, for ninety days.

Members of FIFA’s ethics committee met this week after the Swiss attorney general opened criminal proceedings against Sepp Blatter, 79, in September. They have recommended a 90-day provisional suspension.

Swiss Sepp Blatter is accused of signing a contract “unfavorable” to soccer’s governing body and making a “disloyal payment” to UEFA president Michel Platini, 60.

Sepp Blatter, who has run FIFA since 1998, and Michel Platini, who wants to succeed him, deny any wrongdoing.

A final decision will be made on October 9 by Hans Joachim Eckhert, the head of FIFA’s ethics adjudicatory chamber, according to a close friend of Sepp Blatter.

No decision has been made on whether to suspend Michel Platini.Sepp Blatter suspended by FIFA

On October 7, Sepp Blatter told a German magazine that he was being “condemned without there being any evidence for wrongdoing”.

The ethics committee’s adjudicatory chamber had been meeting in Zurich since October 5.

The investigation is centered on allegations believed to be around a 2005 TV rights deal between FIFA and Jack Warner, the former president of CONCACAF, the governing body of football in North and Central America and the Caribbean.

It is also examining a payment of 2 million Swiss francs that Michel Platini received in 2011 for working for Sepp Blatter. He claims it was “valid compensation” for work carried out more than nine years previously.

Michel Platini has provided information to the criminal investigation but said he has done so as a witness.

Swiss prosecutors said Michel Platini is being treated as “in between a witness and an accused person” as they investigate corruption at FIFA.

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