Swiss court: FIFA oversight fell short (AP)

July 2, 2008 | By In Soccer |

A Swiss court ruled Wednesday that FIFA failed to properly oversee marketing payments worth hundreds of millions of dollars in a case that revealed how sports officials received large sums for arranging sponsorship and broadcast deals. The three-judge panel said FIFA was aware of the financial difficulties of its now defunct marketing partner, ISL/ISMM, months before the company went bankrupt in…

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