The world's most popular sport was plunged into turmoil on Wednesday as seven senior soccer officials were arrested on U.S. corruption charges and faced extradition from Switzerland, whose authorities also announced a criminal investigation into the awarding of the next two World Cups.
Following the arrest of seven FIFA officials in Switzerland on Wednesday on corruption charges and the US attorney general indicting 14 people, the international media is demanding that the world football's president Sepp Blatter immediately resign.
A raft of banks could face tough questions in the sweeping U.S. crackdown on alleged corruption in global soccer as prosecutors review how much they knew about millions of dollars in bribes flowing through the U.S. banking system to accounts around the world.
Costa Rica has opened investigations into the president of the country`s soccer federation who was among seven FIFA executives arrested in Switzerland on Wednesday on corruption charges brought by prosecutors in the United States.
Women`s World Cup officials and sponsors expressed concern over the corruption scandal swirling around world soccer`s governing body on Wednesday while trying to keep the focus on the global showcase that kicks off in 10 days across Canada.
The Asian Football Confederation, a key ally of FIFA president Sepp Blatter with its own recent history of corruption allegations, insisted Thursday that the FIFA congress and presidential election should go ahead as planned.
The European Union and Switzerland signed a major accord Wednesday that will end banking secrecy for EU residents and prevent them from hiding undeclared income in Swiss banks, the European Commission said.