Friday, 18 March 2016

Thursday, March 17, 2016 Fifa reveals Sepp Blatter salary for first time

By AFP
More by this Author
ZURICH
Fifa President Sepp Blatter gestures after being re-elected following a vote to decide on the Fifa presidency in Zurich on May 29, 2015. The former Fifa boss turned 80 on March 10, 2016. PHOTO | MICHAEL BUHOLZER |
Fifa President Sepp Blatter gestures after being re-elected following a vote to decide on the Fifa presidency in Zurich on May 29, 2015. The former Fifa boss turned 80 on March 10, 2016. PHOTO | MICHAEL BUHOLZER |   AFP
 
Sepp Blatter earned 3.6 million Swiss francs ($3.7 million) in 2015, Fifa said Thursday as it revealed the fallen world football leader's salary for the first time.
Blatter, now serving a six-year-ban for ethical misconduct, always resisted publishing his earnings during his 17 years in charge.
Fifa also said that Jerome Valcke, the former secretary general who was fired for misconduct, earned 2.1 million Swiss francs ($2.2 million).
Meanwhile, Fifa on Thursday announced a $122 million loss in 2015 which it blamed partly on legal fees and other extra costs caused by a corruption scandal.
Football's world body, which had a surplus of $141 million in 2014, said it was its first loss since 2002.
Fifa's revenue has increased in its past four-year financial cycle, but it blamed the loss on "expenses and higher competition costs, but also due to unforeseen costs such as legal fees and costs for extraordinary meetings."

No comments:

Post a Comment