UEFA said that Villar Llona handed in his resignation on Wednesday "with immediate effect" and that "Mr Villar Llona will no longer have any official functions at our organisation.
"In view of the on-going court proceedings in Spain, we have no further comments to make on this matter."
The move comes two days after Spain’s High Council of Sports suspended him for one years as president of the Spanish football federation RFEF, bringing to an end his 29-year reign.
Villar and his son Gorka were arrested last week in an investigation by Spanish police into alleged false administration, misappropriation of funds, corruption and falsifying documents.
GNA
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