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US attorney general Loretta Lynch will provide
the latest details on the FIFA investigation on Monday.
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US Attorney General
Loretta Lynch will provide the latest details on the FIFA investigation at a
news conference in Zurich on Monday as fresh revelations emerged about TV deals
signed off by outgoing president Sepp Blatter. Disgraced former FIFA
official Jack Warner - one of 18 people indicted by the US justice department
on football-related corruption charges - made a profit of around £11million on
World Cup TV rights that Blatter sold him for a fraction of their true value.
Swiss
attorney general Michael Lauber is also due to speak at the news conference to
give details on the separate investigation in to the 2018 and 2022 World Cup
votes.
Swiss
television channel SRF has published a contract that Blatter signed off in 2005
for the broadcast rights for South Africa 2010 and Brazil 2014 to be sold to
the Warner-controlled Caribbean Football Union (CFU) for 600,000 US dollars
(£389,000).
Investigations
by Press Association Sport have shown that Warner, at that time CFU's
president, sub-licensed those rights to his own Cayman Islands-registered
company J & D International (JDI). In 2007, JDI sold on the rights to
Jamaica-based cable TV station SportsMax for a value that the broadcaster
reported on its own website as being between 18million and 20million US
dollars.
The
revelations highlight the questionable relationship between the outgoing FIFA
president Blatter and Warner, his one-time backer and Caribbean powerbroker.
Press
Association report continues:
According
to court documents in the Cayman Islands, Jeffrey Webb - Warner's successor as
president of the CONCACAF confederation - was a director of JDI at the time of
the deal.
Webb
is currently on bail in New York, as is former FIFA member Chuck Blazer - who
has admitted to taking a share of a 10million dollar bribe for he and Warner to
vote for South Africa to host the 2010 World Cup. Warner is fighting
extradition to the USA from Trinidad.
FIFA's
deal with the CFU included an agreement for a 50 per cent share of any profits
fron sub-contracting the rights but few if any payments from profit share were
ever made by Warner and in July 2011, a month after he resigned from FIFA
following bribery allegations, FIFA terminated its contract with the CFU.
It
was not the first time FIFA had given Warner TV rights for a knockdown price -
in 1998 he was awarded the 2002 World Cup TV rights for Trinidad and Tobago for
just one dollar, a practice that had begun under Blatter's predecessor Joao
Havelange.
The
SRF programme published a contract signed by Blatter showing the TV rights for
the 2010 World Cup had been sold for 250,000 US dollars and the 2014 tournament
for 350,000 dollars to the Warner-controlled CFU.
FIFA
responded by issuing a statement saying: "On 12 September 2005, FIFA
signed a contract with the Caribbean Football Union regarding TV broadcasting
rights.
"Under
the terms of this agreement FIFA was to receive a fixed licensing fee as well
as a 50 per cent share of any profits related to the subcontracting of these
rights.
"The
CFU made several breaches to the contract and failed to meet its financial
obligations. The obligations concerning the required pre-approval for
subcontracting were not met either.
"For
these reasons, FIFA terminated its contract with the CFU on 25 July 2011."
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Former FIFA vice-president Jack Warner sold on
World Cup television rights at a huge profit
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Former FIFA V-P Jack Warner Made
Huge Profit On World Cup TV Rights
In
another report, Press Association filed that disgraced former FIFA official
Jack Warner made a profit of around £11million on World Cup television rights
that Sepp Blatter sold him for a fraction of their true value, it can be
revealed.
Swiss
television channel SRF has published a contract that Blatter signed off in 2005
for the broadcast rights for South Africa 2010 and Brazil 2014 to be sold to
the Warner-controlled Caribbean Football Union (CFU) for 600,000 US dollars
(£389,000).
Investigations
by Press Association Sport have shown that Warner, at that time CFU's
president, sub-licensed those rights to his own Cayman Islands-registered
company J&D International (JDI). In 2007, JDI sold on the rights to
Jamaica-based cable TV station SportsMax for a value that the broadcaster
reported on its own website as being between 18million and 20million US
dollars.
The
revelations highlight the questionable relationship between the outgoing FIFA
president Blatter and Warner, his one-time backer and Caribbean powerbroker.
According
to court documents in the Cayman Islands, Jeffrey Webb - Warner's successor as
president of the CONCACAF confederation - was a director of JDI at the time of
the deal. Both Webb and Warner are facing corruption charges in the United
States.
FIFA's
deal with the CFU included an agreement for a 50 per cent share of any profits
from sub-contracting the rights but few if any payments from profit share were
ever made by Warner and in July 2011, a month after he resigned from FIFA
following bribery allegations, FIFA terminated its contract with the CFU.
It
was not the first time FIFA had given Warner TV rights for a knockdown price -
in 1998 he was awarded the 2002 World Cup TV rights for Trinidad and Tobago for
just one dollar, a practice that had begun under Blatter's predecessor Joao
Havelange.
Warner's
JDI also sold the 2006 World Cup rights to the Caribbean for 4.25million
dollars in 2001.
Warner
is currently fighting extradition from Trinidad to the USA where he has been
indicted by the US justice department on football-related corruption charges.
US
attorney general Loretta Lynch is due to provide the latest details on the FIFA
investigation at a news conference in Zurich on Monday. Webb is currently on
bail in New York, as is former FIFA member Chuck Blazer who has admitted to
taking a share of a 10million dollar bribe to vote for South Africa to host the
2010 World Cup.
Swiss
attorney general Michael Lauber is also due to speak at the news conference to
give details on the separate investigation into the 2018 and 2022 World Cup
votes.
The
SRF programme published a contract signed by Blatter showing the TV rights for
the 2010 World Cup had been sold for 250,000 US dollars and the 2014 tournament
for 350,000 dollars to the Warner-controlled CFU.
FIFA
responded by issuing a statement saying: "On 12 September 2005, FIFA
signed a contract with the Caribbean Football Union regarding TV broadcasting
rights.
"Under
the terms of this agreement FIFA was to receive a fixed licensing fee as well
as a 50 per cent share of any profits related to the subcontracting of these
rights.
"The
CFU made several breaches to the contract and failed to meet its financial
obligations. The obligations concerning the required pre-approval for
subcontracting were not met either.
"For
these reasons, FIFA terminated its contract with the CFU on 25 July 2011."
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