Yep. I edited the title already and was trying to find an article about that.Blatter just resigned
http://www.bbc.com/sport/0/football/32982449
FIFA corruption scandal thread
http://www.bbc.com/sport/0/football/32982449
Uncle_Ruckus
We The North
They finally got evidence to convict dude. Now he jumping off the boat. What a fukking coward.
the feds are coming for that ass
why is this thread upped anyway, its an interesting story but not up worthy
88m3
Fast Money & Foreign Objects
Stories that are upped are so either because they are interesting topics or because they are major current events. Considering the numbers of headlines on this, this fits the latter.
How's that US bubble?
hmm breh, i think this is a mildly interesting topic but relatively speaking nobody in the us really cares about this, as you can see by the measly 4 pages of posts
and i dont think you should up the baltimore thread either, baltimore isnt a hot topic anymore
im not knocking either thread but i just dont see why they should be upped
its fine, loving it
Billy Hoyle
All Star
Loretta gave him the
This is a major international story...
that isnt a good enough reason to be upped
edit: stickied not upped
Last edited:
Dr. Sebi Jr.
Trust Me
http://www.independent.co.uk/news/w...ies-who-lost-2022-world-cup-bid-10289591.html
Just as I suspected. This "corruption" investigation is a white supremacist ATTACK.
Just as I suspected. This "corruption" investigation is a white supremacist ATTACK.
88m3
Fast Money & Foreign Objects
Fifa's Sepp Blatter 'under investigation in US'
The departing Mr Blatter said: "Fifa needs profound restructuring"
The news came hours after Mr Blatter announced that he was stepping down from his role.
US prosecutors launched a criminal inquiry last week, with seven Fifa officials arrested in Switzerland, part of a group of 14 people indicted.
Two days after the arrests, Mr Blatter was re-elected president of Fifa.
However, he said on Tuesday that it appeared the mandate he had been given "does not seem to be supported by everyone in the world".
Mr Blatter said: "Fifa needs profound restructuring."
'Rampant corruption'
The BBC's Nick Bryant in New York says that several US officials told the New York Times that they are hoping to gain the co-operation of some of the Fifa figures now under indictment on charges of racketeering and money laundering to try to build a case against Mr Blatter.
US Attorney General Loretta Lynch spoke of "deep-rooted" corruption in world football
In announcing the US prosecution last week into what she called the "rampant, systemic and deep-rooted" corruption in world football, US Attorney General Loretta Lynch did not address Mr Blatter's position directly.
But she did say that this was the beginning of the investigation, not the end.
She also called for a new start at Fifa.
Our correspondent says it is primarily the US investigation that has plunged the world football governing body into its most serious crisis.
Earlier the FBI, Internal Revenue Service and the US Attorney for the Eastern District of New York, who is involved in the US prosecutions, all said they would not comment on the Blatter resignation.
In its prosecution, the US justice department said 14 individuals were under investigation worldwide for allegedly accepting bribes and kickbacks estimated at more than $150m (£97m) over a 24-year period.
Two vice-presidents were among the seven Fifa officials arrested in Zurich. They all await US extradition proceedings.
Jump media player
Media player help
Out of media player. Press enter to return or tab to continue.
Media captionSepp Blatter's controversial career
The arrests overshadowed the vote for a new president, which Mr Blatter won, defeating his sole challenger, Prince Ali bin Al Hussein of Jordan.
Prince Ali withdrew despite forcing a second round, having lost the first by 133 votes to 73.
Announcing his exit on Tuesday, 79-year-old Mr Blatter called an extraordinary Fifa congress "as soon as possible" to elect a new president.
The Swiss, who has been Fifa president since 1998, said: "The next ordinary Fifa congress will take place on 13 May, 2016 in Mexico City.
"This would create unnecessary delay and I will urge the executive committee to organise an extraordinary congress for the election of my successor at the earliest opportunity.
"This will need to be done in line with Fifa's statutes and we must allow enough time for the best candidates to present themselves and to campaign."
The extraordinary congress is expected to take place between December 2015 and March 2016.
Further allegations of corruption emerged on Tuesday with claims that Fifa general secretary Jerome Valcke was linked to an alleged $10m (£6m) payment of bribes over South Africa's bid to host the 2010 World Cup. He denies any wrongdoing.
A separate criminal investigation by Swiss authorities into how the 2018 and 2022 World Cups were allocated is also under way.
http://www.bbc.com/news/world-us-canada-32986950
this would be huge
- 50 minutes ago
- From the sectionUS & Canada
The departing Mr Blatter said: "Fifa needs profound restructuring"
- Fifa vote: Why Africa backs Blatter
The news came hours after Mr Blatter announced that he was stepping down from his role.
US prosecutors launched a criminal inquiry last week, with seven Fifa officials arrested in Switzerland, part of a group of 14 people indicted.
Two days after the arrests, Mr Blatter was re-elected president of Fifa.
However, he said on Tuesday that it appeared the mandate he had been given "does not seem to be supported by everyone in the world".
Mr Blatter said: "Fifa needs profound restructuring."
'Rampant corruption'
The BBC's Nick Bryant in New York says that several US officials told the New York Times that they are hoping to gain the co-operation of some of the Fifa figures now under indictment on charges of racketeering and money laundering to try to build a case against Mr Blatter.
US Attorney General Loretta Lynch spoke of "deep-rooted" corruption in world football
In announcing the US prosecution last week into what she called the "rampant, systemic and deep-rooted" corruption in world football, US Attorney General Loretta Lynch did not address Mr Blatter's position directly.
But she did say that this was the beginning of the investigation, not the end.
She also called for a new start at Fifa.
Our correspondent says it is primarily the US investigation that has plunged the world football governing body into its most serious crisis.
Earlier the FBI, Internal Revenue Service and the US Attorney for the Eastern District of New York, who is involved in the US prosecutions, all said they would not comment on the Blatter resignation.
In its prosecution, the US justice department said 14 individuals were under investigation worldwide for allegedly accepting bribes and kickbacks estimated at more than $150m (£97m) over a 24-year period.
Two vice-presidents were among the seven Fifa officials arrested in Zurich. They all await US extradition proceedings.
Jump media player
Media player help
Out of media player. Press enter to return or tab to continue.
Media captionSepp Blatter's controversial career
The arrests overshadowed the vote for a new president, which Mr Blatter won, defeating his sole challenger, Prince Ali bin Al Hussein of Jordan.
Prince Ali withdrew despite forcing a second round, having lost the first by 133 votes to 73.
Announcing his exit on Tuesday, 79-year-old Mr Blatter called an extraordinary Fifa congress "as soon as possible" to elect a new president.
The Swiss, who has been Fifa president since 1998, said: "The next ordinary Fifa congress will take place on 13 May, 2016 in Mexico City.
"This would create unnecessary delay and I will urge the executive committee to organise an extraordinary congress for the election of my successor at the earliest opportunity.
"This will need to be done in line with Fifa's statutes and we must allow enough time for the best candidates to present themselves and to campaign."
The extraordinary congress is expected to take place between December 2015 and March 2016.
Further allegations of corruption emerged on Tuesday with claims that Fifa general secretary Jerome Valcke was linked to an alleged $10m (£6m) payment of bribes over South Africa's bid to host the 2010 World Cup. He denies any wrongdoing.
A separate criminal investigation by Swiss authorities into how the 2018 and 2022 World Cups were allocated is also under way.
http://www.bbc.com/news/world-us-canada-32986950
this would be huge
88m3
Fast Money & Foreign Objects
Odds of Qatar Hosting the World Cup Slashed After Blatter's Resignation
by Chris ElserMohammed Sergie
June 2, 2015 — 2:15 PM EDTUpdated on June 2, 2015 — 4:28 PM EDT
The Khalifa International Stadium, one of the venues of the 2022 FIFA World Cup, stands in this undated computer generated image released to the media on Tuesday, Nov. 25, 2014 in Doha, Qatar.
Qatar’s plan to host the 2022 World Cup might be in jeopardy after the head of soccer’s international governing body, Joseph “Sepp” Blatter, said he would resign.
The odds on Qatar, a country about the size of Connecticut, losing rights to the world’s most-watched sporting event were slashed to 5-4 from 5-1 on Tuesday at U.K. bookmaker William Hill. That means a successful $4 bet would return $5 plus the original stake. William Hill set odds of 4-7 that it still takes place in the desert state.
Qatar is spending about $200 billion on infrastructure for the event. The selection stirred controversy because of the country’s limited soccer tradition and the extreme temperatures in the June and July period when the tournament is usually held. Blatter’s FIFA changed the dates, which will force major leagues in Europe to change their schedules. Qatar has also been criticized by rights groups over the conditions for migrant workers building the new stadiums.
Swiss prosecutors have opened a probe into the awarding of the 2018 and 2022 tournaments to Russia and Qatar respectively, after a U.S.-led investigation that focused on alleged corruption in earlier decisions over venues.
“The big issue now is if the event doesn’t happen in Qatar,” Bloomberg Intelligence analyst Sonia Baldeira said in an interview before Blatter’s announcement. “Many infrastructure projects that have already been awarded can be at the risk of being canceled or delayed.”
Separate Issue
Qatar’s benchmark QE Index for equities dropped 4.1 percent in the two days after the FIFA probe was announced last week, with declines driven by real estate and bank stocks. Shares recouped most of the losses this week, and rose 0.1 percent on Tuesday.
A spokesman for the Qatari committee in charge of World Cup preparations declined to comment on Blatter’s resignation and said it was a separate issue from hosting the tournament. The committee said in a statement on Friday that it “fully complied” with investigations of the World Cup bidding process and plans to host a “successful” tournament in 2022.
Not ‘Catastrophic’
Blatter was re-elected to a fifth four-year term as president of FIFA last week but said Tuesday he will call a special congress sometime between December and March to elect his successor.
The organization has been under scrutiny after U.S. authorities unveiled a criminal investigation into bribes and tax issues of several FIFA executives with a raid on a Swiss luxury hotel last week.
Qatar’s plan includes at least eight new stadiums and a $35 billion metro and rail system. New highways are being laid and a city for 200,000 people is rising north of Doha, the capital.
Slowing the pace of construction and scrapping plans for expensive stadiums that won’t be needed after the championship may create “efficiencies” that benefit Qatar, according to John Sfakianakis, the Riyadh-based director of the Middle East at Ashmore Group Plc.
“Losing the World Cup wouldn’t have a catastrophic impact on the economy,” Sfakianakis said before Blatter’s decision. “Qatar will still need to spend on infrastructure, but instead of doing it by 2022 it can do it by 2030.”
http://www.bloomberg.com/news/artic...osting-odds-slashed-after-blatter-resignation
by Chris ElserMohammed Sergie
June 2, 2015 — 2:15 PM EDTUpdated on June 2, 2015 — 4:28 PM EDT
The Khalifa International Stadium, one of the venues of the 2022 FIFA World Cup, stands in this undated computer generated image released to the media on Tuesday, Nov. 25, 2014 in Doha, Qatar.
Qatar’s plan to host the 2022 World Cup might be in jeopardy after the head of soccer’s international governing body, Joseph “Sepp” Blatter, said he would resign.
The odds on Qatar, a country about the size of Connecticut, losing rights to the world’s most-watched sporting event were slashed to 5-4 from 5-1 on Tuesday at U.K. bookmaker William Hill. That means a successful $4 bet would return $5 plus the original stake. William Hill set odds of 4-7 that it still takes place in the desert state.
Qatar is spending about $200 billion on infrastructure for the event. The selection stirred controversy because of the country’s limited soccer tradition and the extreme temperatures in the June and July period when the tournament is usually held. Blatter’s FIFA changed the dates, which will force major leagues in Europe to change their schedules. Qatar has also been criticized by rights groups over the conditions for migrant workers building the new stadiums.
Swiss prosecutors have opened a probe into the awarding of the 2018 and 2022 tournaments to Russia and Qatar respectively, after a U.S.-led investigation that focused on alleged corruption in earlier decisions over venues.
“The big issue now is if the event doesn’t happen in Qatar,” Bloomberg Intelligence analyst Sonia Baldeira said in an interview before Blatter’s announcement. “Many infrastructure projects that have already been awarded can be at the risk of being canceled or delayed.”
Separate Issue
Qatar’s benchmark QE Index for equities dropped 4.1 percent in the two days after the FIFA probe was announced last week, with declines driven by real estate and bank stocks. Shares recouped most of the losses this week, and rose 0.1 percent on Tuesday.
A spokesman for the Qatari committee in charge of World Cup preparations declined to comment on Blatter’s resignation and said it was a separate issue from hosting the tournament. The committee said in a statement on Friday that it “fully complied” with investigations of the World Cup bidding process and plans to host a “successful” tournament in 2022.
Not ‘Catastrophic’
Blatter was re-elected to a fifth four-year term as president of FIFA last week but said Tuesday he will call a special congress sometime between December and March to elect his successor.
The organization has been under scrutiny after U.S. authorities unveiled a criminal investigation into bribes and tax issues of several FIFA executives with a raid on a Swiss luxury hotel last week.
Qatar’s plan includes at least eight new stadiums and a $35 billion metro and rail system. New highways are being laid and a city for 200,000 people is rising north of Doha, the capital.
Slowing the pace of construction and scrapping plans for expensive stadiums that won’t be needed after the championship may create “efficiencies” that benefit Qatar, according to John Sfakianakis, the Riyadh-based director of the Middle East at Ashmore Group Plc.
“Losing the World Cup wouldn’t have a catastrophic impact on the economy,” Sfakianakis said before Blatter’s decision. “Qatar will still need to spend on infrastructure, but instead of doing it by 2022 it can do it by 2030.”
http://www.bloomberg.com/news/artic...osting-odds-slashed-after-blatter-resignation