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Visa threatens to ‘reassess’ FIFA sponsorship in wake of bribery scandal

on May 28, 2015 | 0 comments

By John Glenday

FIFA sponsor Visa has broken cover to threaten to pull its financial backing unless the sporting body takes immediate steps to assure the sport that it is genuinely seeking to root out corruption from within its ranks.

This follows similar sentiments expressed by Adidas, Budweiser and McDonald’s who have all moved to distance themselves from football’s governing body in the wake of several of its executives being arrested by the FBI.

Sponsors misgivings have been prompted by yesterday’s (27 May) dramatic raid on a Zurich hotel in which a host of top FIFA officials were arrested on suspicion of accepting Read full story ›

Source: The Drum