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Fifa bosses arrested on U.S. bribery charges

Fortune

It’s the day that millions of soccer fans across the world thought they’d never see: after years of reports of corruption and years of increasingly brazen denials, law enforcement officials have moved against the leadership of Fifa, the governing body of the world’s most popular sport.

Swiss police arrested six Fifa officials in a dawn raid on a luxury hotel in Zurich Wednesday morning, on suspicion of accepting bribes and kickbacks in return for lucrative marketing rights to tournaments in Latin America since the early 1990s. More arrests may follow: The Guardian reported that up to 15 officials are understood to be under investigation worldwide.

And in a separate development later, Swiss prosecutors said they had opened criminal proceedings related to the most notorious Fifa episode of recent years: the simultaneous award of the 2018 and 2022 World Cups to Russia and Qatar, respectively. The authorities raided Fifa’s Zurich headquarters…

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