(CNN) -- Asian football chief Mohammed Bin Hammam will be Sepp Blatter's only opponent in the forthcoming FIFA presidential elections, the sport's governing body confirmed on Monday. The 75-year-old Blatter, who has held office since 1998, will go head-to-head with the Qatari on June 1 in Zurich, Switzerland. Elias Figueroa, a former international defender for Chile, had intended to put himself forward for the role but announced last week there was not enough time for a credible campaign to be launched. American journalist Grant Wahl said earlier this year he was hoping to stand, but it was more a ploy to raise awareness about what he called the "need for change" at an organization which has earned $4.189 billion over the last four years than a realistic challenge to Blatter's supremacy.
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Sepp Blatter and Mohammed Bin Hammam are the only candidates in FIFA's presidential vote
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The Qatari has been head of the Asian Football Confederation since 2002
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Incumbent Blatter, 75, has been president of world football's governing body since 1998
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He has not been opposed since the 2002 elections, when he beat Issa Hayatou
The 61-year-old @placeholder became AFC chief in 2002 and has called for greater transparency among football's decision makers.