The Federation Internationale De Football Association

There are over 100 college sports programs in the nation that are run by the NCAA football and basketball, among other sports. The NCAA makes money through merchandise, sales, and television broadcasts which increases each year. The NCAA makes about $1 billion dollars a month, $12 billion annually (Wilbon). A portion of the money then gets distributed to the schools to pay for the rights of the schools. In addition, the NCAA also has deals with multiple television companies that generates an additional $11.3 billion dollars (“College Athletes Should be Compensated”).

The NFL, the governing body and league format for American football is the largest grossing sporting league in the world. The sport symbolises and embodies American culture as it is fast paced, dazzling razzmatazz of a show brought to a conclusion every year by the greatest show on earth, the Super Bowl. The themes explored are going to be America’s issue with race, how the sport has evolved with TV and commercialism linking the sport to capitalism and the free market. And just like the opening a theme will be size, how large everything is about the sport and the country and how it is associated with the US.

FIFA has been violating human rights for years, and dehumanize people with poor living conditions, unsafe equipment, cheap wage. All this for the construction of unnecessary new stadiums and other soccer monuments. For the 2022 World Cup in Qatar they are currently using migrants as workers. They are paying them cheaply, and a report from the International Trade Union Confederation stated that in the past 5 years 1,200 migrant workers have died constructing stadiums in Qatar. They also predict that 4,000 will die until the first game is played in the world cup (Oliver).

The UEFA Financial Fair Play (FFP) Regulations have come to terms in 2009 and it has been widely discussed due to the nature of the rules that was imposed on the clubs. The aim of this short essay would be to discuss the impacts of FFP Regulations on the competitive balance in European Football. The first section of this essay is an introduction to the UEFA FFP Regulations. Second, we briefly introduce the Fort and Quirk Model that will be used to analyse the effects on competitive balance. Thirdly, we look at findings from sports economists on the FFP Regulations. The final section will be a conclusion and summary on the effects of UEFA FFP Regulations on the competitive balance of the leagues.

He used his position as a member in the Ways and Means committee as his primary resource to bribe U.S. companies that worked on oil, communications, and sugar, including others to fund for ‘projects’ in Africa. In return he promised to promote the companies, which would ultimately increase their profits. The FBI began to look at William J. Jefferson in 2005 when they had received information that he was using his position in the House to solicit bribes from U.S. companies to Africa. It is calculated that Jefferson had earned approximately $400,000 to $500,000. In one case the FBI had footage of Jefferson receiving $100,000 to pay off an African government official from a cooperative witness. As a result, within days the FBI had a search warrant for Jefferson’s home. Upon searching they found $90,000 in his freezer which were wrapped in aluminum foil and placed in a dessert box. When searching his office, they were able to obtain documents that were served later used as evidence for his bribery schemes. Through the use of witnesses that were cooperative, phone recordings, video surveillance monitoring, and financial records analysis form the FBI enough evidence was compiled to charge William J. Jefferson for bribery, racketeering ( fraudulent business earnings ), and money

The Foreign Corrupt Practices Act has been pursued by government agencies recently as the SEC, the FBI, and Department of Justice are cracking down on international business corruption. Companies are working harder at expanding economically in the market by doing business with individuals and other companies in foreign countries. Foreign countries are not always in compliance with US laws and regulations, causing US companies who deal with them issues with compliance on the home front. Because of these ongoing issues congress decided to introduce the Foreign Corrupt Practices Act and to prosecute foreign companies for corrupt activities within the United States. The Foreign Corrupt Practices Act is a federal law that was amended in 1977,

In 1977, Congress passed the Foreign Corrupt Practices Act (FCPA), which makes it unlawful for U.S. businesspersons or companies to pay, with money or anything else of value, to foreign officials to secure beneficial contracts. The anti-bribery requirements of the FCPA have applied to all U.S. persons since 1977. In 1998, certain amendments were revised and the anti-bribery requirements now apply to foreign firms and persons who cause an act in continuance of bribery within the United States. The government was attempting to restricted illegal behavior, which is why they implemented the Foreign Corrupt Practices Act after the SEC discovered that over 400 companies were sending corrupt payments to foreign government officials and

Always wanting to better himself, having a passion for sports, mainly soccer or football, internationally, Blazer basically wanted to bring Fédération Internationale de Football Association, FIFA, to the United States. As the story goes, it happens Blazers gets it done among other things, working his way to the top of the FIFA committee board, making millions the international committee, but just like everything that goes up, it must come down. There were three major key players in the scandal: one being Blazer himself, Joseph Blatter, and Jack Warner attracted attention to themselves, particularly by the FBI. Hundreds and thousands, even millions of money being in places that they should not have been in. Lavish vacation trips, exclusive dinners, million dollar hotel rooms and huge amounts of money being used as payoffs are just to name a few were taken notice by the FBI. And just like the any old story, judgement day. It seems that though Blazer, just like any other person be willing to save their own hide, was willing to cooperate with the FBI into bring down this whole corruption cycle within

The Foreign Corrupt Practices Act of 1977 (FCPA) evolved from investigations by the Office of the Special Prosecutor that provided evidence of illegal acts perpetrated by U.S. firms in foreign lands. More than 400 U.S. companies admitted to making questionable payments to various foreign governments and political parties as part of an amnesty program (U.S. Department of Justice http://www.usdoj.gov). Given the environment of the 1970s and the proliferation of white-collar crimes (e.g., insider trading, bribery, false financial statements, etc.), particularly the payments made to foreign officials by corporations, Congress felt obligated to introduce legislation that led to the act. Congress 's objective was to restore confidence in the manner U.S. companies’ transacted business.

In the year 2005, it was discovered by the FBI that a former Member of the United States House of Representatives, former Congressman William Jefferson, had been deeply involved in several accounts of criminal activity, such as money laundering, racketeering, and public corruption between the United States and a few African countries (Federal Bureau of Investigations, 2013). He was able to get away with five hundred thousand dollars, not limiting himself to the amount of money he stole. Jefferson had been charged in the year 2008 on sixteen counts of illicit acts with foreign government officials, and found that several banks and foreign organizations were being used by Congress to aid in Jefferson’s illicit transactions, making the entire government appear to be corrupt. Thousands of dollars were pursued from telecommunications, certain exports like sugar, oil, along with other African organizations (Federal Bureau of Investigations, 2013). Jefferson had been found guilty on eleven of the sixteen counts and sent to prison for twenty years.

The total pool of revenue is split between the players and the owners of which the players share almost 60% of the pool which was in 2011 $ 8 billion after the owners have take 1 billion for the upkeep and maintenance of the stadiums. The owners due to higher costs and risks involved want another 1 billion effectively leaving the players with 7 billion to share.

Based in Zurich, “The Fédération Internationale de Football Association (FIFA)” is the international governing body of association football, futsal, and soccer. It has been recognized as the “United Nations of Football”, affiliated with 209 associations across the globe (FIFA, 2015). Like any other sport organization however, FIFA has long experienced allegations following the decision of Russia being awarded the 2018 World Cup and Quatar having the 2022 hosting rights. According to the reports, the United States Department of Justice reviewed the contracts related to the 2014 Brazil World Cup involving FIFA, commercial partners, and suppliers.

Fifa has made £1,200,000,000 per year from sponsors, television and the World Cup. Fifa’s latest financial amount over the four years to the end of 2010 show the organisation has earned more than four billion. That's an increase of fifty-nine percent over the previous four year stretch which included the World Cup in Germany (BBC, pars. 1). Its broadcast rights and marketing which are leading the boom of course, and Fifa is riding the wave that's thrown the Premier League skywards too (BBC, pars. 2). Fifa has banked $631m to its reserves, which now stand at $1.2 billion (BBC, pars. 3). Fifa says of the money it raised, seventy percent was ploughed back into the game by staging tournaments and investing in projects. Fifa put $794m into

As stated before no two people are the same, and now two people’s thoughts are the same. But at the end of the day everyone’s views on ethics boils down to knowing right or wrong. For example, if someone were to rob a bank that person knows for a fact that is it wrong and that he may go to jail. There would be no “Maybe it was right for him to rob the bank.” This is the same for FIFA. Allowing bribes to be placed on the next place that should hold the world cup

According to McMillan and Gandz case study, FIFA has had both the success and its failures with the main issue on the case study been its scandals, which include corruption, bribery, and tax avoidance. Other issues highlighted also include FIFA sponsorship deals, reforms, and unfavorable workers’ conditions that has contributed to the attitudes of most of the employees . According to the Transparency International, corruption within FIFA might involve referees taking a bribe, clubs demanding kickbacks for player transfers, or companies seeing nPow (need for power) and government rigging the bids for construction contracts. The case study has only mentioned one successful high-profile lawsuit concerning FIFA corruption due to the allegation of plausible bribery surrounding the awarding of Russia and Qatar right to host 2018 and 2022 World Cup respectively.