International Sport and Leisure
ISL collapsed in 2001 with debts of £153million.
In 2008, following a four-year investigation by prosecutors in the Swiss canton of Zug, six former ISL executives, including the former chairman Jean Marie Weber, were accused of a series of charges including fraud, embezzlement and the falsification of documents.
ISL was established by former Adidas boss Horst Dassler, ISL were associated with FIFA, the International Olympic Committee and the International Association of Athletics Federations.
Court documents released in 2012 show that two FIFA executives, former president João Havelange and Ricardo Teixeira, received 41m CHF (£27m) worth of bribes from ISL between 1992 and 2000. Only 3m CHF of these were repaid.
In July 2012, the reformed FIFA Ethics Committee began investigating the illegal payments made by ISL, in addition to evaluating the behaviour of FIFA president Sepp Blatter in the affair. ISL had specialized in buying and selling broadcast rights to FIFA events such as World Cups on contracts worth millions of dollars. The case was closed on 30 April 2014 after an investigation by Garcia, with Hans-Joachim Eckert ruling that bribes had been paid by ISL between 1992 and 2000 to Havelange, Teixeira and Nicolas Leoz, then-president of CONMEBOL. As Havelange (honorary president of FIFA) and Leoz had already resigned from their posts earlier in April 2014, no "superfluous" further action was taken. In contrast, Blatter was exonerated of "criminal or ethical misconduct", but was also described as "clumsy" and it was questioned whether he "knew or should have known over the years before the bankruptcy of ISL that ISL had made bribes to other FIFA officials".
- Tomlinson, Alan (2 March 2005). "The making of the global sports economy: ISL, Adidas and the rise of the corporate player in world sport.". In Silk, Michael L.; Andrews, David L.; Cole, Cheryl L. Sport and corporate nationalisms. Bloomsbury Academic. pp. 35–65. ISBN 1859737994.
- "Fifa president Sepp Blatter set for U-turn over bribes investigation". BBC News Online. 18 October 2011.
- "The £66m 'bribe' shadow hanging over Fifa". The Daily Telegraph. 13 March 2008.
- "Former Fifa president João Havelange 'received millions in bribes'". The Guardian. 2012-07-11.
- "Fifa appoints Michael J Garcia to investigate football corruption". Associated Press. 17 July 2012. Retrieved 10 June 2014.
- "FIFA unveils new crime fighting duo to tackle corruption in soccer". CNN. 17 July 2012. Retrieved 15 November 2014.
- Pitt-Brooke, Jack. "Joao Havelange guilty of taking bribes for World Cup rights but 'clumsy' Fifa president Sepp Blatter escapes". The Independent. Retrieved 16 November 2014.
- Bond, David. "Fifa's report into ISL scandal is just window dressing". BBC Sport. Retrieved 16 November 2014.
|This Swiss corporation or company article is a stub. You can help Wikipedia by expanding it.|