• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

3

Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

3

Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years
LeadershipFifa

Sepp Blatter’s resignation doesn’t let sponsors off the hook

By
Daniel Roberts
Daniel Roberts
Down Arrow Button Icon
By
Daniel Roberts
Daniel Roberts
Down Arrow Button Icon
June 2, 2015, 2:48 PM ET
Video Poster
Add Fortune on Google for similar content.

On Friday, Sepp Blatter was reelected as the president of FIFA, the world’s governing soccer body, winning an unprecedented fifth term. Four days later, he has resigned the position.

It is unclear precisely what made Blatter change his mind, but it is unlikely that the tepid statements released thus far from FIFA’s corporate sponsors are to thank.

The likeliest candidate for what prompted Blatter’s 180-degree turn was a New York Times report on Monday evening that Jerome Valcke, FIFA’s secretary general and Blatter’s top lieutenant, personally handled the transfer of a $10 million bribery payment central to recent U.S. indictments against several FIFA officials. “The revelation puts the money trail closer to Mr. Blatter, FIFA’s president, than had been previously known,” the Times wrote. (Nonetheless, Valcke has not been charged or indicted.) Prior to this latest report, even among all of the indictments and bad press, Blatter still wanted to serve.

As pressure mounted on FIFA over the past week, almost all of its eight official partners (Visa, Adidas, Coca-Cola, Gazprom, Hyundai, Kia, Budweiser and McDonald’s) put out press statements shunning the organization and calling for change. “Hyundai Motor is extremely concerned about the legal proceedings being taken against FIFA executives and will continue to monitor the situation closely,” said Hyundai. “We… encourage FIFA to continue to establish and follow transparent compliance standards in everything they do,” said Adidas.

But none of them pulled their sponsorship dollars. And now that Blatter has stepped down, it may seem they won’t have to.

A bigger FIFA crisis remains largely unaddressed, however: In Qatar, at construction sites hurriedly preparing for World Cup 2022, migrant workers are dying at alarming rates. An urgent human rights crisis has unfolded, and FIFA’s corporate sponsors, for the most part, haven’t responded or called for anyone to step in. (The sports blog Deadspin ran the pointed headline, “FIFA sponsors double down on endorsement of slavery.”)

Visa did mention Qatar in its first (of two statements) last week. “We continue to be troubled by the reports coming out of Qatar related to the World Cup and migrant worker conditions,” Visa said. “We have expressed our grave concern to FIFA and urge them to take all necessary actions.” The other sponsors that issued statements have focused on the corruption scandal.

FIFA has not taken action. There have been a reported 1,400 worker deaths at Qatar building sites since 2010 (a number that includes some workers not at World Cup sites). The International Trade Union Confederation, in a report called “The Case Against Qatar,” estimates there will be another 4,000 deaths before the Cup arrives in 2022.

In his HBO show Last Week Tonight last Sunday, host John Oliver devoted an entire segment to the FIFA scandal and said sponsors are responsible for demanding that Blatter be removed. “All the arrests in the world are going to change nothing if Blatter is there,” said Oliver. Now he’s not there—but will his successor address the crisis in Qatar?

“The only people with the power to get rid of Sepp Blatter are FIFA’s sponsors,” Oliver said.” He then jokingly promised Adidas that he would wear one of its ugliest sneakers (a shoe designed by Jeremy Scott, part of the Adidas Originals line), McDonald’s that he’d eat its food, and Budweiser that he’d drink a Bud Light Lime, if they could cause Blatter’s ouster.

The news that Blatter is stepping down is a shock to everyone involved in the corruption scandal that has been brewing for decades (24 years, by the U.S. Department of Justice’s count) and reached a boil last week with the arrests of nine FIFA officials in Switzerland. It is a shock to the reporters that have covered the scandal, a shock to soccer fans, and, most likely, a shock to the FIFA delegates, from 209 member associations, who reelected Blatter last week.

In a hasty press conference on Tuesday, he was vague about the reasons for his resignation, merely alluding to signs that FIFA needed new leadership. “FIFA needs a profound restructuring,” he said. “For many years we have called for reforms, but these are not sufficient.” Of his own leadership, he added, “My mandate does not appear to be supported by everybody.”

The next FIFA congress won’t take place until May 2016, but Blatter is calling for an “extraordinary” special election to find his replacement. That could take another four months to assemble; in the meantime Domenico Scala, head of FIFA’s audit and compliance committee, will manage the transition.

FIFA’s sponsors may be resting easy now—change has come to the organization, and many people are rejoicing. But as the heat in Qatar rises in the summer months, the heat on sponsors won’t dissipate until the labor situation is addressed. It’s still on the corporations—those that give FIFA $400 million a year in sponsorship money—to speak up.

About the Author
By Daniel Roberts
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

The hidden cost of your AI rollout: burning out the high performers running it
Workplace Cultureburnout
The hidden cost of your AI rollout: burning out the high performers running it
By Mikaela Cohen and HR BrewJune 23, 2026
10 hours ago
dr
HealthCancer
The U.S. cut cancer deaths by 34% since 1991—but not in 458 rural counties
By Arthur Cosby and The ConversationJune 23, 2026
13 hours ago
college
SuccessEducation
47% of Harvard seniors admit to cheating — and the problem existed long before ChatGPT
By Austin Sarat and The ConversationJune 23, 2026
13 hours ago
work
Workplace Culturework culture
Worker engagement just hit a decade low — and new data from 88 million employees shows why managers are the problem
By Bob Batchelor and The ConversationJune 23, 2026
13 hours ago
Young woman shopper in store
SuccessPersonal Finance
As 93% of Americans lean on coupons to get by, Bed Bath & Beyond is splashing out $100K on a home renovation for their thriftiest shopper
By Emma BurleighJune 23, 2026
15 hours ago
Matt Freese stopping a soccer ball entering the goal
SuccessCareers
Team USA’s goalkeeper passed on Manchester United, the club that helped shape David Beckham’s career, for Harvard—and has zero regrets
By Preston ForeJune 23, 2026
15 hours ago

Most Popular

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
19 hours ago
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
By Jim EdwardsJune 23, 2026
21 hours ago
Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years
Investing
Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years
By Nick LichtenbergJune 22, 2026
2 days ago
Current price of oil as of June 23, 2026
Personal Finance
Current price of oil as of June 23, 2026
By Joseph HostetlerJune 23, 2026
18 hours ago
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeJune 21, 2026
3 days ago
Current price of oil as of June 22, 2026
Personal Finance
Current price of oil as of June 22, 2026
By Joseph HostetlerJune 22, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.