09-25-2015, 11:56 AM
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#241
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Franchise Player
Join Date: Jun 2008
Location: Spartanville
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Quote:
Originally Posted by Locke
And the crazy thing to me is that Wacko Blatter and his flunky Valcke could totally have gotten away with it if they'd even made a slight effort beyond obviously vapid lip-service to keep it even marginally discreet or, if they'd quit and run right before that last election.
But now? Now their asses are well and truly in the sling.
But if you take down Blatter, you take down Valcke and if that happens everyone goes with them. Including Platini.
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Yeah, the whole thing should crumble. These guys aren't career criminals just very corrupt individuals that once any significant heat is put on them, they'll sing like canaries.
Quote:
What is the "unfavourable" contract?
This is the big question, which in all likelihood will be tied to the sale of TV rights for the World Cup and other tournaments. Essentially, Fifa owns the rights for the tournament as whole, but hands them to individual regional associations to sell.
The associations then keep the profits. The implication is that Mr Blatter allegedly sold the rights for less than their market value in order to win favour with the Caribbean football association (Concacaf).
Who did he sell them to?
The deal that the Swiss authorities have highlighted involves a 2005 contract between Fifa and Concacaf. Its head at the time was Jack Warner, who is now awaiting extradition to the US on corruption charges relating to the sale of TV rights.
Mr Warner was famously close to Mr Blatter and was well known as one of world football's leading powerbrokers. Two of Mr Warner's sons have already pleaded guilty to corruption and are cooperating with the FBI.
Earlier, this month the Swiss broadcaster SRF uncovered a 2005 contract between Fifa and Concacaf for the sale of the rights for the 2010 and 2014 World Cups for $600,000 (£395,269; €537,080). Concacaf's president Jack Warner then reportedly sub-licensed the rights to his own company before selling them for about $18m in 2007 - a tidy profit.
It is unclear whether this is the deal that the Swiss authorities are referring to, but it does seem to show that Fifa had grossly undervalued its own TV rights. By anyone's calculation, this would be an "unfavourable" deal for the company.
How is Michel Platini involved?
Michel Platini, the head of the European federation UEFA, is expected to succeed Mr Blatter in February. It is not clear if he is in legal jeopardy. The Swiss say they have questioned him and that he received a payment of 2m Swiss francs (£1.3m, €1.8m, $2m) from Mr Blatter. Although the payment was not made until 2011, the Swiss say it relates to work between 1999-2002. Mr Platini first became a senior member of Fifa in 2002. Because this payment is one of the charges against the Fifa president, it is unclear where it leaves his European counterpart.
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http://www.bbc.com/news/world-europe-34363560
Interesting days ahead. I still hold out hope that Qatar will lose the WC.
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