This is huge.

Blatter has resigned. Wow. Wow. Wow.

— Gabriele Marcotti (@Marcotti) June 2, 2015

BREAKING: Sepp Blatter to step down as #FIFA president.

— ESPN FC (@ESPNFC) June 2, 2015

His official statement,

I have thoroughly thought about my presidency and the 40 years Fifa has played in my life. I love Fifa more than anything else and I only want to do the best. I decided to stand again for election for the good of football. My mandate does not appear to be supported by everybody. This is why I will call an extraordinary meeting.

I will organise extraordinary congress for a replacement for me as president. I will not stand. I am now free from the constraints of an election. I will be in a position to focus on profound reforms. For many years we have called for reforms. But these are not sufficient.We need a limitation on mandates and terms of office. I have fought for these changes but my efforts have been counteracted.

Fifa’s interest are dear to me. That’s why I have taken this decision. What counts most for me, is the institution of Fifa and football around the world.