FIFA takes $100m+ sponsorship hit, but picture on TV income remains bright

FIFA TV camera

By David Owen

March 18 – The full scale of the financial damage wreaked by FIFA’s year of turmoil is now becoming apparent. Revenue from marketing rights to the World Cup – sponsorship to you and me – is down over $100 million, or 29%, in 2015 from the equivalent figure in 2011, the corresponding point in the previous four-year commercial cycle.

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FIFA discloses $122m loss – and Blatter’s $3m+ pay package

FIFA-headquarters

By David Owen

March 18 – And the answer, ladies and gentlemen, was $3,634,857. With the annual deficit widely expected, much the liveliest interest in FIFA’s just published 2015 financial report was always likely to concern disclosure of former President Joseph Blatter’s famously undisclosed remuneration. And there it is in unsparing detail on page 65, revealing not just his gross salary – $2,964,379 – but also how a variety of additional components,

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Teixeira says he will hold on to his money but threatens to sue FIFA

Ricardo Teixeira_08-03-12

By Andrew Warshaw

March 17 – The backlash against FIFA’s restitution request for tens of millions of dollars in order to restore its battered reputation and put it back on a financial even keel has begun with Ricardo Teixeira, the notorious former head of the Brazilian Football Confederation (CBF), threatening to sue for damages in a counter action.

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FIFA fury turns legal as FB post shows Webb continuing to party on

Jeffrey Webb_7_July

By Paul Nicholson

March 16 – ‘Hell hath no fury like a lover scorned’ has a powerful resonance in FIFA’s restitution claim in the governing body’s submission to the US authorities. FIFA’s love affair with former CONCACAF president Jeffrey Webb ended abruptly with his arrest last May. But the fury was unleashed with full force in the letter released today to the US Attorney General’s office in the Eastern District of New York.

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World Cup and presidential vote buying takes centrestage in restitution claim

jack warner

By Andrew Warshaw

March 16 – FIFA has admitted for the first time that the votes for both the 1998 and 2010 World Cups were manipulated, casting further suspicion over whether the joint ballot for the 2018 and 2022 tournaments, to be staged respectively by Russia and Qatar, may also have been undermined despite both countries insisting the process was entirely clean and no firm evidence yet to the contrary.

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