Reuters - Video

EDITION: U.S. | U.K. | IN

Business

Is it time to reform FIFA?

Friday, June 13, 2014 - 02:59

June 13 - The World Cup is underway and there's controversy on the pitch and off, particularly surrounding the sport's governing body FIFA. As Joel Flynn reports the Switzerland-based organisation is one of the richest in the world and who runs it does matter?

▲ Hide Transcript

View Transcript

Four weeks of World Cup madness is underway. But this time events off the pitch are proving as headline making as events on it. Protests across Brazil are one distraction - so too is the future of FIFA. The Federation Internationale de Footbol Associacion has governed international soccer since 1904. And that says Simon Chadwick - a UK professor of Sports Business Strategy, is part of the problem. SOUNDBITE: Coventry University Sport Business Strategy and Marketing Professor, Simon Chadwick, saying (English): "FIFA, as an organisation, in my view, is not fit for purpose. Now it would be easy just to blame FIFA for that, but as I say, I think there are lots of institutions, lots of organisations, lots of structures in football that have simply failed to keep pace with change, and what FIFA now need to do is to take radical action." FIFA is made up of 209 national football associations, and last year reported annual revenue of nearly $1.4 billion. For the last 16 years Sepp Blatter has been its president. The 78-year-old has just vowed to seek a fifth term, promising to deal with a corruption row surrounding the 2022 Qatar World Cup. SOUNDBITE: FIFA President, Sepp Blatter, saying (English): "We must lead by example and we must listen to all voices. We must be responsible and upright in all that we do." But Blatter faces opposition from a growing number of officials, sponsors and players, who clim the organisation needs a new face. Among them is former Tottenham Hotspur defender, Chris Perry. SOUNDBITE: Former Tottenham Hotspur player, Chris Perry, saying: "I think Sepp Blatter's been there an awfully long time, there's been lots of allegations of corruption which tarnishes FIFA and tarnishes world football which isn't a good thing really." It's not the first time scandal has engulfed the organisation or Blatter himself. Allegations were made about bribes in more than one presidential election, as well as questions about the bidding process for the next two World Cups. But Commerzbank's Peter Dixon says some of what's been written should taken with a pinch of salt. SOUNDBITE: Commerzbank Chief Economist, Peter Dixon, saying (English): "I think there does appear to be a lot of evidence that he's presided over an organisation which has been involved in, how can I put this, less than optimal business practice, so I think that it's unlikely that if he were in charge of running a private company he would be able to survive the kind of pressures that he is currently being subjected to." But how can Blatter and FIFA change? SOUNDBITE: Coventry University Sport Business Strategy and Marketing Professor, Simon Chadwick, saying (English): "I think FIFA needs to look at the IOC and learn. It is possible to take these machine bureaucracies with deeply entrenched practices, with suspect governance systems, with apparently little regard for their external stakeholders and to take that and to change it and to make it into something different." Soccer is already looking to the future - as growing numbers of nations look to bid for major competitions and bring football to their respective fans. All eyes will now be on how FIFA manages that change.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Is it time to reform FIFA?

Friday, June 13, 2014 - 02:59

Top News »

Retirement »

Back to work- in retirement Back to work- in retirement

Wed, Oct 15, 2014 - (2:09)

Investing 201 »

Bond investors brace for the end of Fed stimulus Bond investors brace for the end of Fed...

Fri, Oct 10, 2014 - (4:03)

Arian Foster = BlackBerry? Arian Foster = BlackBerry?

Fri, Oct 25, 2013 - (3:16)

Don’t miss these red flags for IPOs Don’t miss these red flags for IPOs

Thu, Oct 10, 2013 - (2:34)

Copycat currency trading Copycat currency trading

Wed, Oct 02, 2013 - (2:28)

When to dump a winner When to dump a winner

Tue, Sep 24, 2013 - (1:55)

Where gold might again attract Jim Rogers Where gold might again attract Jim Rogers

Thu, Sep 19, 2013 - (2:05)

Why savings interest rates won't budge Why savings interest rates won't budge

Fri, Sep 13, 2013 - (2:09)

Buy local? ETFs try the trend Buy local? ETFs try the trend

Thu, Sep 05, 2013 - (2:42)

Money Clip »

Will Apple Pay transform mobile payments? Will Apple Pay transform mobile payments?

Thu, Oct 16, 2014 - (2:45)

3 things to do before disaster strikes 3 things to do before disaster strikes

Wed, Sep 18, 2013 - (1:39)

Your must-do money list Your must-do money list

Wed, Sep 11, 2013 - (1:24)

The worst "best" financial advice The worst "best" financial advice

Wed, Sep 04, 2013 - (1:42)

Forget gold: The case for REITs Forget gold: The case for REITs

Fri, Apr 26, 2013 - (1:19)

3 rules for buying a house now 3 rules for buying a house now

Thu, Apr 18, 2013 - (1:39)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Moving Pictures »

Dance of the northern lights Dance of the northern lights

Mon, Oct 20, 2014 - (1:08)

Images of September Images of September

Wed, Oct 01, 2014 - (1:00)

Still missing – MH370 Still missing – MH370

Fri, Sep 05, 2014 - (2:05)

Burning Together Burning Together

Mon, Sep 01, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)