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14 FIFA Officials Arrested on Corruption Charges

beats1

Well-Known Member
Feb 22, 2010
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Panama Papers uncover Platini owning a company in panama starting the same year he won the Uefa election and having power of attorney for another

Also Jerome Valcke also implicated with a yacht being brought for him
 

talkshowhost86

Mod-Moose
Staff
Oct 2, 2004
48,105
47,061
Interesting that this was released by FIFA's lawyers.

Obviously now trying to throw Blatter, Valcke and Kattner under the bus. Don't get me wrong they thoroughly deserve to be under that bus but the idea that the three of them did this on their own is slightly laughable.
 

beats1

Well-Known Member
Feb 22, 2010
30,006
29,551
Fifa: Sepp Blatter, Jerome Valcke & Markus Kattner 'awarded themselves £55m'

http://www.bbc.co.uk/sport/football/36445879
TBF that isn't that bad

£55m in payrises and bonuses isn't much when you consider that:
Its between 3 people so essentially 18.3m each
Then consider its over 5 years, so its about £3.6m each year

Its absurd but at the same time they are 3 guys in charge of a multi billion pound company and considering during that period they had $2.6billion profit. http://uk.businessinsider.com/fifa-brazil-world-cup-revenue-2015-3?r=US&IR=T

Compare that to other CEO's and you notice there are some companies making big loses still paying their CEO's a huge amount of money in bonuses and etc.
 

beats1

Well-Known Member
Feb 22, 2010
30,006
29,551
Interesting that this was released by FIFA's lawyers.

Obviously now trying to throw Blatter, Valcke and Kattner under the bus. Don't get me wrong they thoroughly deserve to be under that bus but the idea that the three of them did this on their own is slightly laughable.
I find it funny when a corporation(which is what FIFA is), makes a $2.6b profit that is a suggestion only 3 guys got a big pay rise what about the dodgy FIFA chairmen that are in charge of their countries FA and clearly happy for a sports body make absurds amount of money.

Why aren't they releasing their pay details.

The real issue is the profiting off FIFA deals through their own separate companies as thats were the absurd amounts of money will be going
 

BehindEnemyLines

Twisting a Melon with the Rev. Black Grape
Apr 13, 2006
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Bear in mind that was £55m in payrises and bonuses, so they had their base pay on top of that.
FIFA is a not for profit organisation, so they shouldn't be making obscene amounts and they definitely aren't comparable with a corporation that has its directors pay voted by the board and ratified by shareholders.......especially if they were just awarding themselves these payawards.
Any money that FIFA make should e directly routed back in to their base cause within a reasonable period of time and they shouldn't be sat on more than about 18 months worth of running costs in the bank.
 

beats1

Well-Known Member
Feb 22, 2010
30,006
29,551
Bear in mind that was £55m in payrises and bonuses, so they had their base pay on top of that.
FIFA is a not for profit organisation, so they shouldn't be making obscene amounts and they definitely aren't comparable with a corporation that has its directors pay voted by the board and ratified by shareholders.......especially if they were just awarding themselves these payawards.
Any money that FIFA make should e directly routed back in to their base cause within a reasonable period of time and they shouldn't be sat on more than about 18 months worth of running costs in the bank.
I agree but £3.6 million isn't that much in pay rises per year

What is the other pay of other fifa executives, I would imagine its the same but they havent released those figures as they don't want to be included.

Fifa shouldn't be making that much money but they are. This isn't even imo that bad

Whats far worse is
profiting from selling the rights of the world cup whilst not contributing a lot to it and making the country pay for it.
Selling the rights of the FIFA to their own companies like Blatter did to his son iirc
making countries hold kangaroo courts and change their justice system to satisfy fifa
The clear corruption involved in seeking the approval of FIFA and etc.
Plus more

Fifa may be a non-profit organisation the problem is it isn't run like one and its just a company used by many FA executives to funnel money in to their pockets. Some of these lesser nations don't have to hide like the bigger nations and hence more money is involved with those FA's like Jack warner
 

GeneralBurk

Well-Known Member
Apr 26, 2005
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TBF that isn't that bad

£55m in payrises and bonuses isn't much when you consider that:
Its between 3 people so essentially 18.3m each
Then consider its over 5 years, so its about £3.6m each year

Its absurd but at the same time they are 3 guys in charge of a multi billion pound company and considering during that period they had $2.6billion profit. http://uk.businessinsider.com/fifa-brazil-world-cup-revenue-2015-3?r=US&IR=T

Compare that to other CEO's and you notice there are some companies making big loses still paying their CEO's a huge amount of money in bonuses and etc.
These are pay rises though not their total pay. How much have they received in total?

Personally I would like to see them go to prison. Not a Swiss one with iPads and saunas.

Why not one the overcrowded shithole prisons in Brazil full of shank wielding gang bangers?

That would soon stop corruption in Fifa.
 

StockSpur

Well-Known Member
May 20, 2004
4,945
1,537
I so want to see them sent to jail. I hope the Swiss throw the book at them.

I think the Swiss have a very relaxed view towards the rights and wrongs when it comes to anything money related...

Just ask the Jewish families trying to reclaim stolen gold and valuables from the war that the germans deposited with their 'neutral' neighbours.
 

Always Offside

Ardent Aussie
Oct 31, 2013
781
1,282
Reading this piece in the Guardian it stinks. Contracts being offered just before important votes for FIFA president and WC votes. From what FIFA have released it almost looks like they are throwing those 3 to the dogs and hope the authorities settle for that.

https://www.theguardian.com/footbal...ed-themselves-55m-in-bonuses-say-fifa-lawyers
IIRC Good 'ol Sepp offered Oceania a full WC qualifying spot some years ago if we voted for him to retain the presidency. We did & the promised full spot vanished quicker than a stray cat in a Korean Restaurant district.

Most football savvy Aussie's didn't want a full spot for Oceania anyway, we'd rather be where we are now, qualifying through Asia. Playing teams like Iran, Japan & South Korea home & away is better conditioning that putting 26 goals past American Samoa.
 

WorcesterTHFC

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May 4, 2016
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