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FIFA Governance - Watches, etc.

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  • FIFA Governance - Watches, etc.

    FIFA position on Sunday Times request
    (FIFA.com) Sunday 14 September 2014

    With regard to an enquiry from the Sunday Times, it is important to note that we are speaking about two different matters.

    Firstly, the fact is that FIFA has not distributed any watches to any of the members of its Executive Committee nor to its President neither to its Secretary General. As the official timekeeper of the 2014 FIFA World Cup, and in line with the company’s standard approach for any of its marketing activations, Hublot provided FIFA with watches as part of the contract and as a form of value in kind. In accordance with internal governance processes, FIFA formally asked the independent chairman of the investigatory chamber of the FIFA Ethics Committee, Michael J. Garcia, and the independent chairman of the Audit & Compliance Committee, Domenico Scala, in June 2014 if it would be acceptable to provide its Executive Committee and the FIFA President with these watches as a souvenir of the 2014 FIFA World Cup. The two chairmen determined in June 2014 that this would not be permitted under the organisation’s compliance rules and as such it was decided not to distribute any of the watches to any members.

    Secondly, the Brazilian Football Federation (CBF) distributed commemorative watches at the FIFA World Cup in Brazil from their own sponsor (as part of the association’s centennial celebrations) to various people, including the members of the FIFA Executive Committee. The Ethics Committee was informed about this accordingly and is dealing with the matter.

    See: Statements from the investigatory chamber of the FIFA Ethics Committee

    http://www.fifa.com/aboutfifa/organi...599/index.html
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