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re: NYT Exclusive: Top FIFA officials (but not Blatter) indicted, face extradition to U.S.
Posted on 5/27/15 at 8:51 pm to SlowFlowPro
Posted on 5/27/15 at 8:51 pm to SlowFlowPro
quote:
i'm sure the US DOJ has sent some back channel information to US companies about doing business with FIFA, esp financial institutions like Visa
Master Card, Coke, many others, I´m sure. Nike´s already been implicated, have they not?
2
Posted on 5/27/15 at 8:56 pm to Dandy Lion
quote:
Nike´s already been implicated, have they not?
Outside of being explicitly referenced by name, pretty much. I wonder if this explains Nike's drastic step back from the game recently. They've seemed to want to get out of kits at the very least. Maybe they knew shite was about to get real.
Does Nike knowing the DOJ was about to rain down fire and brimstone explain the awful US kits for both men and women this year? That would actually make sense because before now it was like they were designing them in Microsoft Word or something. Those weird gradients are shite.
Posted on 5/28/15 at 1:30 am to Dandy Lion
quote:
Nike´s already been implicated, have they not?
quote:
In addition, the sportswear company signed an agreement that permitted a Brazilian sports marketing company called the Traffic Group to invoice the sportswear company for "marketing fees," according to the indictment.
Federal prosecutors claim Traffic Group invoiced the sportswear company for $30 million between 1996 and 1999. Prosecutors allege the owner of the Traffic Group then paid "half of the money he made from the sponsorship deal, totaling in the millions of dollars, as a bribe and kickback" to the same Brazilian team official who negotiated the sponsorship deal with the sportswear company.
The indictment does not provide any information as to whether the sportswear company had knowledge of the alleged kickback payments.
The deal was terminated before the end of the 10-year agreement on Jan. 25, 2002, according to federal prosecutors.
eta- LINK
This post was edited on 5/28/15 at 1:31 am
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