FIFA sack foue executives
FIFA have sacked four top executives in the wake of a damaging US court judgement that ruled they had 'lied repeatedly' in negotiations with sponsors.
The four, Jerome Valcke, Stefan Schuster, Tom Houseman and Rob Lampman, have been dismissed after being named in the court judgement as having seriously misled the credit card giants Mastercard. The court ruling said FIFA breached their obligation to give MasterCard first refusal on post-2006 sponsorship when they agreed a deal with VISA instead.
The ruling stated: 'FIFA's negotiators lied repeatedly to MasterCard, including when they assured MasterCard that...FIFA would not sign a deal for the post-2006 sponsorship rights with anyone else unless it could not reach agreement with MasterCard.'
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