mardi 2 juin 2015

Blatter walks

SO, IT turns out that Sepp Blatter’s shamelessness does have limits, after all. Having failed to reform a broken FIFA, football’s governing body, in his 17 years as president, he then refused to step down or even postpone its presidential election after the disclosure last week of more than a dozen American indictments against current and former FIFA officials for alleged bribery. Mr Blatter won re-election on May 29th, in a closer-than-expected vote, but international hostility apparently grew intolerable. At a press conference on Tuesday—so hastily convened that only a dozen journalists were present—the Swiss septuagenarian fell on his sword. The chairman of England’s Football Association, Greg Dyke, had predicted that Mr Blatter wouldn’t last two years after re-election. It turned out to be less than a week.

He will stay on until a successor is chosen. That is due to happen at an “extraordinary congress”, the date of which will be decided by FIFA’s executive committee. It is likely to take place between December 2015 and March 2016. That will give plenty of time for candidates to come forward, unveil their platforms and campaign. Michel Platini, the head of...Continue reading

Source :Business and finance http://ift.tt/1AJHpOC

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