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$80 million stolen from FIFA by Blatter and colleagues

24 hours after investigators raided FIFA headquarters in Zurich in its ongoing corruption investigation, FIFA lawyers today, Friday, June 03, 2016 revealed details of the contracts of former top officials for world soccer’s governing body.

Former president Sepp Blatter, former secretary general Jerome Valcke and former finance director Markus Kattner gave themselves pay raises and World Cup bonuses totalling $80 million over five years, in violation of Swiss law.


“The evidence appears to reveal a coordinated effort by three former top officials of FIFA to enrich themselves through annual salary increases, World Cup bonuses and other incentives totaling more than 79 million Swiss francs — in just the last five years,” Bill Burck of Quinn Emanuel, the U.S. law firm retained by FIFA during its corruption crisis, told the Associated Press.


Blatter’s camp however, denies any wrongdoing.

“We look forward to showing FIFA that Mr. Blatter’s compensation payments were proper, fair and in line with the heads of major professional sports leagues around the world,” Richard Cullen, Blatter’s U.S.-based attorney, said in a statement.

  • Daniel Fayemi for

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