Saudi Arabia, Canada hold first political consultations in Ottawa    Saudi Gazette publishes full text of new foreign property ownership law The law grants non-Saudis broader real estate rights under defined conditions while imposing restrictions in Makkah and Madinah    Saudi anti-graft authority investigates 425 employees, detains 142 in July corruption cases    US envoy Witkoff visits Gaza aid distribution site as starvation crisis deepens    Saudi Arabia's real GDP grows 3.9% in Q2 2025 on broad-based economic expansion    New Murabba, Alat sign MoU to develop next-gen vertical transport for The Mukaab    Over 1.2 million Umrah pilgrims arrive in Saudi Arabia since Dhul Hijjah 15    Iran drives out 1.5 million Afghans, with some branded spies for Israel    Kyiv toll rises to 26 after wave of Russian strikes defies Trump ceasefire demand    Young Ukrainians get their way as Zelensky overturns law to defuse crisis    Sotheby's returns Buddha jewels to India after uproar    Riyadh Film Music Festival returns with live orchestral performances of iconic movie scores    Nissan Formula E Team celebrates a landmark season 11 with proud Saudi sponsor Electromin    Qiwa sets 60-day window before reporting worker as absent under new contract rules    Saudi, Russian energy ministers discuss oil market and joint committee plans    Fahad bin Nafel steps down as Al Hilal president after historic six-year run    João Félix unveiled by Al Nassr as €50m move marks bold new chapter in Riyadh    Saudi Arabia approves first Alzheimer's treatment with lecanemab for early-stage patients    Chris Tucker, Pete Davidson and Aziz Ansari among stars set for Riyadh Comedy Festival    Al Nassr beat Benfica to €50m João Félix signing after Ronaldo, Jesus intervene    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    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.