As the
vote for FIFA president looms
Friday, the 2018 World Cup sponsors are making their position known: Shape up,
or we're out.
The
latest statement came from Kia
Motors, a presenting sponsor of the World Cup along with Visa, Adidas, Gazprom
and Coca Cola. Kia is
“extremely concerned about the legal proceedings being taken against certain
FIFA executives and will continue to monitor this situation closely," the
company said in a statement released today.
Hyundai,
Kia’s parent company, also
said it was “deeply concerned” in its own statement.
The announcement came after a very
strongly-worded statement from Visa on Wednesday demanding that the federation
make changes to the way it conducts its business. "It is important that FIFA makes changes now,"
the statement said. "Should FIFA fail to do so,
we have informed them that we will reassess our sponsorship."
The
week's arrests, which were the result of a long investigation by the U.S.
Justice Department, came as no surprise to the world's football fans, who have
come to regard FIFA
as a corrupt enterprise. Yet the presenting partners, who are paying FIFA tens of
millions of dollars a year, reacted to the news in a variety of ways.
Gazprom
said the arrests were "unrelated" to its relationship to the World
Cup and said its relationship to FIFA
was "not affected."
Should
Visa or any of FIFA's other
partners walk away from their agreements, the federation may have a tough time
replacing them while this indictment plays itself out, experts say. While the
arrests and trial could take months to sort out, change of some sort could come
in a matter of days: FIFA
is scheduled to elect a new president Friday.
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