Ryn The Guardian Melberg

FIFA & Governance Failures

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Sinopsis

Corporate governance is a topic covered on The Guardian Podcast with Ryn Melberg regularly and especially when issues involving governance are in the news. That is the case this week as members of the governing board of FIFA, (which rules over the world of professional soccer, the most popular sport in the world), are under incredible scrutiny. 14 FIFA and other sports executives are already facing criminal indictments. One of the FIFA leaders was recently fired for making joke on a Swiss radio program. Facts About FIFA Failures Federal prosecutors here in the USA allege that not one but two generations of soccer executives used partnerships with sports marketing companies to solicit $150 million in bribes and kick backs in exchange for among other things, their support for the sites of FIFA World Cup Events from the qualifiers to the 2010 World Cup. A 47-count federal indictment was unsealed in Brooklyn, charging 14 defendants — nine FIFA officials and five corporate executives — with racketeering, wire f