Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Former FIFA president Blatter loses appeal against ban

Published 05/12/2016, 17:20
© Reuters. File photo of former FIFA President Blatter leaving the CAS in Lausanne

By Brian Homewood

LAUSANNE, Switzerland (Reuters) - Former FIFA president Sepp Blatter has lost his appeal against a six-year ban for ethics violations, imposed amid the biggest corruption scandal to shake the world soccer body, the Court of Arbitration for Sport (CAS) said on Monday.

CAS ruled that Blatter had authorised payments to Michel Platini, then the European football boss, worth over $2 million (1.57 million pound) that amounted to "undue gifts" and therefore violated FIFA's code of ethics.

Blatter, who led FIFA for 17 years, told Reuters in a telephone interview that he was "disappointed but not shattered".

He resigned in June last year after several dozen football officials, including FIFA executive committee members and former members, had been indicted in the United States on graft charges, along with two sports marketing firms.

The 80-year-old Swiss was not among those indicted, but became embroiled in scandal when he was banned from all football-related activity the following December by FIFA's Ethics Committee along with Platini, then president of the European soccer body UEFA.

The men were banned, initially for eight years, over a payment of 2 million Swiss francs (1.55 million pound) that FIFA made to Platini in 2011, with Blatter’s approval, for work done a decade earlier. The bans were reduced to six years by FIFA's appeals committee in February.

Both men denied wrongdoing and Blatter said the payment related to a verbal agreement.

CAS said in a statement that its three-man panel had determined that Blatter "breached the FIFA code of ethics since the payment amounted to an undue gift as it had no contractual basis".

"The Panel further found that Mr Blatter unlawfully awarded contributions to Mr Platini under the FIFA Executive Committee retirement scheme which also amounted to an undue gift."

CRIMINAL INVESTIGATION

Swiss prosecutors are now investigating Blatter on suspicion of criminal mismanagement and misappropriation of funds over the payment, which they describe as "disloyal", though he has not been charged.

And in September, FIFA's Ethics Committee said it was investigating Blatter and two other former leading FIFA officials over the salaries and bonuses they had received while in office.

Those probes come against a broader background of suspicion over the FIFA Executive Committee's allocation of FIFA's showpiece event, the four-yearly World Cup, to Russia and Qatar on Blatter's watch; Swiss authorities are investigating whether bribes were paid to help secure the hosting rights.

Blatter, who must also pay a fine of 50,000 Swiss francs, told Reuters after the CAS ruling: "I have accepted it now. I have got to the stage where I have struggled enough, I have worked enough."

"I still have contact with people in football and heads of state," he said. "We have developed football all around the world, we have made football part of the economy and it also has some political influence ...

"I do hope that at a future FIFA Congress, somebody will stand up and say 'perhaps president Blatter is not so bad'."

© Reuters. File photo of former FIFA President Blatter leaving the CAS in Lausanne

CAS cut Platini's ban to four years in May but said on Monday that Blatter had not requested a reduction, adding: "In any event, the panel determined that the sanction imposed was not disproportionate."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.