Michel Platini, the head of European soccer's governing body UEFA, is to announce in the next few days that he will stand for the presidency of FIFA, a source close to the former France international told Reuters on Tuesday.

The 60-year-old Platini, a former France and Juventus midfielder, has been UEFA president since 2007 and had been widely expected to throw his hat into the ring to succeed Sepp Blatter, who announced his plan to stand down two months ago.

Platini's impending announcement, expected before the end of the week, is likely to prompt other contenders to confirm their plans to stand.