Twist In Tale Of Sports Governance: Swiss Arrests Of FIFA Bosses & Extradition To U.S.

Breaking News: The New York Times

The New York Times team of Michael S. Schmidt and Sam Borden in Zurich, Matt Apuzzo in Washington and William K. Rashbaum in New York, work the world of sport and his wife up this morning with news that Swiss criminal authorities have conducted an extraordinary early-morning raid in which several top FIFA officials have been arrested and face extradition to the United States on federal corruption charges

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The New York Times team of Michael S. Schmidt and Sam Borden in Zurich, Matt Apuzzo in Washington and William K. Rashbaum in New York, work the world of sport and his wife up this morning with news that Swiss criminal authorities have conducted an extraordinary early-morning raid in which several top FIFA officials have been arrested and face extradition to the United States on federal corruption charges

Comments

aswimfan

I’ve just seen this breaking news on TV.
Extraordinary!

Craig,
Your articles highlighting the antics of FINA leadership couldn’t have come at a more critical time. I hope Maglione and Co are now quaking in their boots.

aswimfan

Everybody knew that the selection of Russia and Qatar was smelling of stench badly.

robbos

I hope Blatter goes down too, he is the most corrupt person in world sport.
John Oliver, the satirist, to an American audience that awarding the World cup to Qatar was like awarding the next super bowl gets played in a swimming pool.

Mikal W. Grass

First, FIFA. Maybe next, FINA?

I wonder how long it will be before those arrested will flip on ole Sepp. He who flips first usually gets the best deal.

Jorge Aguado

Books “Foul” and “Omerta” from Andrew Jennings are required reading to understand the magnitude of this scandal.

Craig Lord

Quite so, Jorge… I would imagine that Andrew has a smile on his face today.

Jorge Aguado

He is in Zurich right now http://goo.gl/Ueor9e

Craig Lord

🙂

Bad Anon

Those corrupt jokes must face the full wrath of the law. its about time!!!

Steve Levy

This entire troupe of serial liars are likely all separated by second degree connections at worst. One differing consonant hardly makes for absolution of guilt. This isn’t going to end well for our sport.

KLCA

The first inquiry to be made will answer the question “what is an offside?”

While I am glad that these arrests have been made, I can’t help but be suspicious of the timing. The election is fast approaching and then this scandal comes out. One, or both candidates and their PR people could be playing mind-games with the media and the other voting members of FIFA. A lot is at stake in this election – power of over the biggest sport in the world and their billions in the bank (because nothing seems NON-PROFIT like FIFA), the fate of the 2018 and 2022 world cups, those poor qatari workers and the blatant disregard for their rights, Russian oil money (and chelsea money. Lol) etc.
The future president will also be able to shed some light on pressing matters such as: Messi or Ronaldo? Did Falcao deserve how much he was paid in Utd? Is Di Maria overrated? Is Hazard overrated? Is Ozil overrated? Will the liverpool fans stop reminding us that they’ve won it 5 times? Is Fabregas really a traitor? Will Chelsea park the bus? Will Bayern Munich get bored of demolishing everyone in the Bundesliga? Is Bale’s skill level decreasing as his hair grows longer? What would Bendtner do?

In all seriousness though, does Blatter give you the Darth Sidious vibe? Or is it just me?

Steve Levy

There’s always a smoking gun among beaurocrat friends…

ApplesAndOranges

Next time, both Sepp and Julio should take their payments in cash.

Questions: are both FINA and FIFA non profit (or the equivalent) of non profit organizations? If so, why?

aswimfan

I don’t know about FIFA and FINA, but all sports federations in my country are non-profit and thus exempt from paying taxes.
I presume international sports federations are the same.

Craig Lord

A&O: The main benefit of nonprofit status is the ability to avoid paying federal and state income taxes on profits. FIFA and FINA are organized as a not-for-profit association under Swiss law. As such, FIFA pays no tax in Switzerland on revenues from the World Cup.
FINA’s arrangements will be similar but they do not necessarily mean that FINA and affiliates are due no tax in the countries in which FINA events are staged. This might be helpful to understanding:
http://www.forbes.com/sites/kellyphillipserb/2014/06/16/world-cup-mania-figuring-out-fifa-soccer-tax/

aswimfan

KLCA, I sense the dark force, but I do think Blatter is a bit too pudgy and tan to project Emperor Palpatine. Maybe if he goes on a diet and stay out of the sun for a while….

completelyconquered

I don’t think I’d compare him to Palpatine either. He’s more like a Don Corleone or Tony Soprano.

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