Paris, Mar 18, 2016: Times are changing at FIFA. It is time for transparency, to the laundry and the announcement effects. Promising but not always painless for the institution. At the initiative of its new president, the Swiss Gianni Infantino, FIFA unveiled the open state of its accounts. In the broad sense, without trying to hide certain lines. For the first time, she released the amount of wages earned by its members, officers or employees.
The document perplexing on the practices of a community, professional football, where money is not quite the same color elsewhere. Topping the pyramid of salaries, Sepp Blatter. According to the published financial report Thursday, March 17, the former president pocketed 3.72 million dollars per year, or about 3.2 million. A small 270 000 euros monthly. Not bad. To the question of compensation, the former boss of world football yet loved respond in the time of his reign, touch “more or less a million dollars a year.” He picked by actually almost four times.
According to Bloomberg , the compensation awarded by FIFA to its former president would be about 15 times greater than that allocated by the IOC to its president, Thomas Bach. Other precision: Sepp Blatter would continue to graciously receive the services of a driver and the provision of an apartment in Zurich. A double privilege that could last until the final resolution of its dispute with the institution on its suspension of 6 years. A “detail” that explains the tenacity he displayed to contest, call after call, the appropriateness of the penalty.
Below, slightly distanced but still pretty well positioned to not inspire pity, Jérôme Valcke. The French, former Secretary General of the house, currently being sued for malpractice, perceived FIFA annual compensation of $ 2.17 million, approximately EUR 1.92 million at current prices.
The same sense of excess benefited the executive committee members. To each, FIFA paid annually 300,000 dollars. The African Issa Hayatou, the first vice president, called for the interim following the resignation of Sepp Blatter last year, received a bonus of $ 500 000 bonus, to chair the Finance Committee.
Finally, the financial report released this week reported a raging inflation of attorneys fees paid by FIFA. They amounted to $ 31.3 million in 2014, they increased to 61.5 million last year. The US firm Emanuel Urquhart & Sullivan LLP, appointed by FIFA to manage its relationship with the justice of the United States and conduct the investigation on corruption charges, may be rubbing their hands.
Almost predictable consequence: the supreme institution of football plunged into the red. A first since 2002. FIFA has lost $ 122 million last year, an air hole caused by the corruption scandal, its effects on operating expenses, including legal, and its impact on revenue marketing. Halfway through the 2015-2018 period, its accounts reveal a seriously behind schedule. Lacks FIFA $ 550 million, to nothing, to stick to its target of 5 billion of revenue for the 4-year cycle between World Cups Brazil 2014 and 2018 in Russia.
Elsewhere, such a situation could be considered alarming. A FIFA, it is reassuring. “With the adoption of our reforms, I believe that we have turned the corner, suggests Gianni Infantino in a statement. FIFA will emerge from this crisis stronger than ever. ” To have. —- FrancsJeux
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