Friday, December 25, 2015

Fifa corruption arrests spark concern among sponsors

Latest: Corruption and Money Laundering.

Football's gGraphicoverning body Fifa is due to open its annual congress despite warnings from sponsors that they may review ties over the arrest of seven top officials on corruption charges.
Visa says it will reassess its sponsorship unless Fifa makes changes. Coca-Cola and Adidas voiced concern.
The European football body Uefa will decide whether to boycott Friday's vote for the next Fifa president.
Incumbent Sepp Blatter has yet to appear in public since the arrests.
Mr Blatter, who is hoping to secure a fifth term at Fifa's congress in the Swiss city of Zurich on Thursday, was not named in the corruption investigations.

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