The Federation Internationale De Football Association

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The Federation Internationale de Football Association (FIFA) was founded in 1904 and has 209 member associations. FIFA is split into six different areas. These are the president, congress, committees, marketing, and television. The executive committee, which is made up of 24 people and includes the President, is responsible for all the main decisions including which country will host the World Cup. It is governed by Swiss law and its goal which is enshrined in its Statutes, is the constant improvement of football. FIFA is responsible for the organization and governance of the major tournaments around the globe. They are responsible for the number of tournaments, locations, and the promotion of those tournaments which generate revenue from sponsors. FIFA generates over 1.5 billion dollars in revenue per year. Most of the generated income comes from television and marketing deals from the championship tournaments held every four years. It is noted that FIFA pays no taxes on its profits which includes the $969 million out of the $10 billion it made in profit from 2007-2014 (Bean, 2016). In 2015, U.S. Federal prosecutors disclosed cases of corruption by officials and others connected with FIFA. Thirty-two people were indicted in total and fourteen of those were members of FIFA. They were arrested and indicted in connection with an investigation by the Federal Bureau of Investigation (FBI) and the Internal Revenue Service (IRS) into wire-fraud, racketeering, and money
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