Israel says Gaza ceasefire will end if Hamas does not free hostages by Saturday    Trump insists US will take Gaza as he meets Jordan's King Abdullah    Russia releases imprisoned American in what US calls a step toward end of Ukraine war    Musk denies 'hostile takeover' of government in White House debut    Saudi Air Force to participate in Cobra Warrior 25-1 exercise in UK    Saudi Arabia assumes presidency of GlobeE anti-corruption network    GACA chief affirms Saudi support for innovation in civil aviation sector    Sanofi is transferring its global expertise in insulin production to Saudi Arabia, aligning with Vision 2030 program    FM Prince Faisal leads Saudi delegation attending AI Action Summit in Paris    60 Saudi relief trucks cross Hail en route to Syria    Maya Diab joins Arab stars and celebrities in celebrating the Centrepoint Ramadan 2025 collection launch at Riyadh Boulevard    Riyadh Season draws 19 million visitors in 4 months    Schools across Saudi Arabia start celebrating Founding Day in an air of festivity    Oilatum tackles rise in Eczema and Dry Skin in Saudi Arabia    HONOR brings together AI and luxury with PORSCHE DESIGN HONOR Magic7 RSR at LEAP 2025    Eagles win Super Bowl LIX to end the Chiefs' dream of a three-peat    Chinese film stirs national pride, rakes in $1bn in days    Sharifa Al-Sudairi makes historic debut at Asian Winter Games    Ivan Toney's brace secures Al Ahli victory over Al Fateh in Saudi Pro League    Al Nassr reclaims third place with 3-0 victory over Al Fayha as Jhon Durán shines    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



CONCACAF ends partnership with sports marketing firm
Published in The Saudi Gazette on 09 - 07 - 2015

MIAMI — CONCACAF, the regional body that controls soccer in the Caribbean, North America and Central America, announced Tuesday it has parted with the US division of a Brazilian sports marketing firm that federal prosecutors have indicted on corruption charges.
Traffic Sports USA, a unit of the Brazilian Traffic Group, was responsible for marketing and sales for the confederation's biennial gold cup tournaments through 2021 as well as the annual Scotiabank CONCACAF Champions League through the season ending in 2022.
In a press release CONCACAF said it was a mutual decision “to part ways.” It added the move “will have no effect on CONCACAF's ability to fulfill its existing obligations to sponsors or to stage future tournaments.” A CONCACAF spokesman declined further comment late Tuesday.
Traffic Sports USA's President Aaron Davidson was among the 14 marketing officials and executives from FIFA, the governing body on international soccer, who were indicted in late May on bribery, money laundering and wire fraud charges involving more than $150 million in payments.
Davidson's attorney declined to comment Tuesday. He was released on a $5 million bond in June, according to court records.
Prosecutors accused Davidson of securing contracts worth more than $35 million for the Traffic Group unit he ran and of arranging bribes for a top FIFA official.
The owner of Traffic Group, José Hawilla, has already pleaded guilty to wire fraud conspiracy, obstruction of justice and other charges.
Current and former CONCACAF executives comprised an outsize share of those charged by the United States in the FIFA scandal.
The Caribbean long championed former FIFA President Sepp Blatter for his support of developing countries there. However the US charges have also peeled back the curtain on widespread corruption throughout the region.
CONCACAF's major sponsor The Bank of Nova Scotia in late June warned the organization it would withhold sponsorship funds unless it cleans up its act.
CONCACAF President Jeffrey Webb from the Cayman Islands, his aide Costas Takkas and executive committee member Eduardo Li of Costa Rica were among seven people arrested in Zurich after the indictment was unsealed.
Former CONCACAF president Jack Warner, based in Trinidad and Tobago, is among five others indicted in the same investigation. — Reuters


Clic here to read the story from its source.