FIFA and the Corrosion of Financial Integrity
November 30th, 2010
The biggest sport in the world is football. Soccer, that is. Unfortunately, it also offers a paradigmatic example of the poisonous effects of a lack of financial integrity.
There are a great many people with a stake in the outcomes of football – for example, the World Cup held in South Africa earlier this year has verified viewing figures of 715 million women, men and children (around one in ten of the world’s population), having been broadcast in 214 countries. The sport’s world governing body FIFA estimate there were 26 billion World Cup match viewings – enough for each...
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