FIFA President Sepp Blatter will step down as head of world soccer’s governing body but only after the organization’s executive committee organizes a fresh vote “for the election of my successor,” he said Tuesday.

He did not say when the election would be held but said it should be as soon as possible and before the next World Congress in May 2016.

Speaking in Zurich, Blatter said the reforms he has tried to implement over the years have not been enough.

“I felt compelled to stand for re-election, as I believed that this was the best thing for the organization. That election is over, but FIFA’s challenges are not. FIFA needs a profound overhaul,” he said.

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