Sepp Blatter banned for a second time by FIFA for financial wrongdoing | Football News – Times of India


ZURICH: Sepp Blatter was banned for a second time by FIFA on Wednesday for financial wrongdoing, seven months before the 85-year-old former president’s first ban expires.
Blatter has recently been in poor health and was put in an induced coma for one week after undergoing heart surgery in December.
FIFA said its ethics committee banned both Blatter and former secretary general Jerome Valcke for six years and eight months for financial wrongdoing linked to awarding themselves contractual bonuses worth millions of dollars.
Both men, who also face criminal proceedings in Switzerland, will start serving the new bans when their current ones expire.
Blatter and Valcke were previously banned for six years and 10 years, respectively, in separate cases. Blatter’s first ban expires in October and Valcke’s initial ban will be served in October 2025.
In the latest case, both men were each fined 1 million Swiss francs ($1.07 million) and ordered to pay within 30 days. It is unclear what power FIFA has to enforce payment.
FIFA’s allegations of self-dealing in bonus payments led to former finance director Markus Kattner being banned for 10 years last year.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Releated

No substantial changes to Tokyo-bound shooting team, selection to be made based on current form: NRAI chief | More sports News – Times of India

NEW DELHI: National Rifle Association of India (NRAI) president, Raninder Singh, on Wednesday assured that there will no “substantial changes” to the Tokyo Olympic-bound Indian shooting contingent and that the team will be selected based on the current form displayed by the quota holders during the ongoing ISSF World Cup. Chinki Yadav, Rahi Sarnobat and […]

%d bloggers like this: