International Sport and Leisure
International Sport and Lesiure (ISL) was a Swiss sports marketing company that was closely affiliated with FIFA.[1]
ISL collapsed in 2001 with debts of £153million.[2]
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.[2]
ISL were established by former Adidas boss Horst Dassler, ISL were associated with FIFA, the International Olympic Committee and the International Association of Athletics Federations.[2]
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.[3]
See also
References
- ^ "Fifa president Sepp Blatter set for U-turn over bribes investigation". BBC News Online. 18 October 2011.
- ^ a b c "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.