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Here is Blatter’s full statement, delivered at a press conference in Zurich today.

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And here’s the video of his remarks, delivered in French, with English translation:

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Blatter left without taking questions.

Domenico Scala, chairman of FIFA’s Audit and Compliance Committee, will handle the transition. Scala said that Blatter will remain on as president until the election is conducted. That election, Scala said, would take place some time between December 2015 and March 2016.

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There will potentially be other changes to FIFA’s structure:

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Blatter has served as president since 1998, and has been a part of FIFA since 1975.

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