Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

Blatter chairs emergency FIFA meeting as scandal grows

Published 05/28/2015, 07:49 AM
© Reuters. FIFA president Blatter gestures next to South Africa's Sports Minister Mbalula during a media briefing in Johannesburg

ZURICH (Reuters) - FIFA President Sepp Blatter chaired an emergency meeting with representatives from FIFA's six confederations on Thursday following the wave of arrests of soccer officials including two FIFA vice-presidents in Zurich on Wednesday.

The FIFA emergency committee rarely meets and two of its nominated members Jeffrey Webb, the president of CONCACAF and Eugenio Figueredo of Uruguay, the South American confederation president, were not present as they were among those detained on Wednesday.

A FIFA representative said: "There was a meeting today with the president and the representatives from the confederations to discuss the current situation."

The rare meeting of the emergency committee comes one day before FIFA's Congress is due to elect a new president and Blatter, seeking a fifth term of office is resisting calls from European soccer governing body UEFA to postpone the election for six months.

Blatter has also not been seen in public since the latest corruption crisis began early on Wednesday morning.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.