United States government witness in Federation Internationale de Football Association trial said Fox, Televisa paid bribes

United States government witness in Federation Internationale de Football Association trial said Fox, Televisa paid bribes

Evidence presented in a corruption trial for soccer governing body Federation Internationale de Football Association suggests that an executive for Fox Sports (FOX, FOXA) signed a phony contract in 2008 to facilitate $3.7M in bribes to win rights to tournaments.

Alejandro Burzaco, formerly the controlling principal of sports marketing company Torneos y Competencias SA, made his accusations as a witness for the federal government, his attorney, Sean P. Casey of Walden Macht & Haran LLP, told Law360 on Tuesday.

Burzaco is testifying at a trial of three former soccer executives charged in a wide-ranging global probe of corruption in the sport.

To view the full article, register now.

Burzaco has already pleaded guilty to racketeering, wire fraud and money laundering conspiracies after he was indicted in 2015, and has since been assisting U.S. authorities.

Sky Sports's sister network was named among some of the world's biggest broadcasters during the trial of three officials from the game's governing body in Brooklyn, New York.

Fox Sports, Televisa in Mexico and Globo Comunicacao and Participacoes SA in Brazil did not immediately respond to requests for comment.

Burzaco, testifying at the trial of three former South American soccer officials in NY, said that Fox Sports, Globo (Brazil), Televisa (Mexico), Mediapro (Spain), Full Play (Argentina) and Traffic Group (Brazil) had been involved in the bribery.

A former investment banker at Citigroup Inc., Burzaco said he paid millions of dollars in bribes as the head of the sports TV production company, including to the three former South American officials on trial. Burzaco said that Fox, by paying the bribes, "gained leverage and rights to broadcast its signal to Argentina" and other parts of the world, per the AP. He is one of 23 people to have pleaded guilty already.

Related:

Comments

Latest news

Court Hears Arguments in Sandy Hook Lawsuit Against Gun Maker
It ruled that gunmakers have broad immunity from liability under the federal Protection of Lawful Commerce in Arms Act. Defense attorney James Vogts stated that the lawsuit would require a reinterpretation of the law itself.

Our smartwatch could detect hypertension and sleep apnea, a new study reveals
Furthermore, Aetna partnered with Apple to lower the cost of Apple Watches so it can give them to its members at a reduced price. Specialists shared the new study on November 14 during the meeting at the American Heart Association, in Anaheim.

Messi has already signed a new deal with Barcelona
Tebas told a press conference he hoped to seal a new deal by March 2018 and that the sum included fees for domestic and global broadcasting rights. "And Messi has signed with Barcelona".

FDA issues strong warning about kratom to treat pain, opioid addiction
It's taken recreationally for its euphoric effects, as a dietary supplement, to treat anxiety and depression, and more. Gottlieb said the agency has seized and destroyed shipments of kratom at worldwide mail facilities.

For first time in 40 years, Congress debates U.S. president's nuclear power
Trump has used both confrontational and conciliatory language on North Korea in recent days. The last time Congress debated this issue was over a four-day hearing in March 1976.

Other news