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FIFA’s Sepp Blatter Under Criminal Investigation In Switzerland

It looks like maybe FIFA President Sepp Blatter was doing more than just turning a blind eye during the last decade and change while senior FIFA execs were accepting large bribes from various countries for favorable treatment.

Authorities in Switzerland announced on Friday afternoon that they are beginning criminal proceedings against FIFA president Sepp Blatter on “suspicion of criminal mismanagement and misappropriation.”

Based on a press release from the office of the Swiss attorney general, the case relates to Blatter assigning valuable World Cup TV rights to former FIFA official Jack Warner. The charges allege Blatter violated his fiduciary duty to FIFA by signing the contract in 2005, which it said was clearly “unfavorable to FIFA.” The key question is the trial will obviously be how do you differentiate between intentional fraud and poor negotiating/stupidity. Blatter's lawyers are sure to argue he just signed the deal because he thought it was the best deal he could get (ie, the I'm...


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