Panama Papers Lead To UEFA Headquarters Being Raided

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Panama Papers Lead To UEFA Headquarters Being Raided
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It should hardly come as a surprise that the leak of the “Panama Papers” was only going to get bigger in scope. The leaking of the papers has already led to the resignation of Iceland’s prime minister, Bernie Sanders’ supporters saying, “I told you so,” and now the raid of UEFA’s headquarters today by Swiss police.

If UEFA, European football’s governing body, is already being raided FIFA should get out the burn bin and the shredders right now.

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According to the Guardian, police seized documents related to a contract signed by new FIFA president Gianni Infantino when he worked for UEFA.

UEFA has confirmed that the building was “visited” by Swiss Police.

UEFA can confirm that today we received a visit from the office of the Swiss Federal Police acting under a warrant and requesting sight of the contracts between UEFA and Cross Trading/Teleamazonas.

“Naturally, UEFA is providing the Federal Police with all relevant documents in our possession and will cooperate fully.”

When he worked for UEFA, it was Infantino who co-signed a television rights deal in 2006, with two business men who the FBI are guilty of bribery.

Cross Trading – owned by Hugo Jinkis and his son, Mariano – bought TV rights for Uefa Champions League football in 2006 for $111,000 (£78,000) and immediately sold them on to Ecuadorian TV broadcaster Teleamazonas for $311,170 (£220,000).

Cross Trading also paid $28,000 (£20,000) for the rights to the Uefa Super Cup, selling those to Teleamazonas for $126,200 (£89,000).

These numbers are courtesy of the BBC.

 

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While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. <i>To contact Brendan or give him an exclusive, please contact him at [email protected]</i>

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