Blatter Is Still Making Money

Sepp BlatterWhile Sepp Blatter has been banned for eight years from soccer, according to a spokesman for FIFA’s Audit and Compliance Committee, he’s still been receiving his president’s salary from world soccer’s governing body.  Back in October, Blatter was suspended for 90 days and banned from the game for eight years for ethics violations over a $2 million payment FIFA made to European soccer boss Michel Platini with Blatter’s approval in 2011.  Yet the spokesman says that Blatter will continue to be paid until a new president is elected later next month, meaning Blatter would have been paid for nearly five months during which time he was unable to carry out his duties, and FIFA has appointed an acting president.  The compensation sub-committee of FIFA’s Audit and Compliance Committee recently ruled that while it could stop Blatter’s bonuses, his contract prevented them from stopping his salary.

FIFA has been facing the worst corruption crisis in its history as a total of 41 individuals and entities, including many former FIFA officials, have been charged with corruption-related offenses in the US.  The US investigation is far from over, and FIFA is facing another probe from Switzerland.  Blatter’s bonuses have been stopped because he was failing to carry out his duties of supervising the organization, including its general secretary.  Only last week, FIFA announced that Jerome Valcke was fired from his position as general secretary.  It didn’t give any reason for this, but an investigation had followed allegations of corruption related to World Cup ticket sales.

The size of Blatter’s salary has remained hidden, although reforms to be voted on at the organization’s February Congress call for the disclosure of individual compensation for the president and top executives.  It’s also unclear what FIFA’s acting president, Issa Hayatou, is getting paid.  FIFA’s finances may have taken a blow in the past year due to the costs and distractions of the corruption scandal, and according to the UK’s Press Association, it suffered its first loss last year since 2001.

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