In an exclusive interview, Blatter also confirmed FIFA Marketing could sell the TV rights to the 2010 and 2014 World Cups internally - news that will come as a huge blow to the big names looking to capture the lucrative rights currently held by KirchSport.
Speaking from FIFA house in Switzerland, the president, who overwhelmingly won a second mandate in May this year, said he will step aside to let a new figure lead the game's governing body forward.
Said Blatter: "I have said I am in the second half of the football game.
"From the very beginning I said my presidency will not be more than two mandates. I am now in the second mandate and at the end of it I will be 70 years old. I think it will be the correct time then to leave the organisation."
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