FIFA reveal big losses; Blatter’s staggering salary for 2015
FIFA released their accounts for last year and for the first time we have found out how much Sepp Blatter was paid in 2015.
The former FIFA president, who has lodged an appeal with the Court of Arbitration for Sports (CAS) to try and overturn his six-year ban from soccer activity, earned $3.76 million in 2015.
[ MORE: FIFA admits to World Cup bribes ]
It is believed he would have earned much more than that in any World Cup year due to the vast number of sponsorship, broadcasting and commercial deals put in place.
Still, not a bad haul...
Blatter, 80, had been in charge of FIFA from 1998 until technically last month when Gianni Infantino was elected as the new president of world soccer’s governing body.
The Swiss official announced in May 2015 -- shortly after he was elected in as president for his fifth-straight four-year term -- that he would be resigning as president amid growing pressure as Swiss and U.S. investigations have unearthed widespread corruption throughout the organization.
FIFA stated that Blatter was paid a salary of almost $2.9 million in 2015, the same year FIFA was almost destroyed, and bonuses plus other pension contributions bumped his total up to $3.76 million.
Other notable numbers from the 133-page document revealing FIFA’s accounts include the revelation that Blatter’s long-time general secretary, Jerome Valcke, was paid $2.11 million in 2015. Valcke is currently serving a 12-year ban from all soccer activity.
In the accounts FIFA state that “it has been a very difficult year” and after making a profit of $140.4 million in 2014, they lost $121.6 million in 2015 as a year of turmoil threatened to mark the end of the organization.
Overall, though, FIFA is still extremely wealthy despite all of its struggles.
The current cash reserve is at $1.33 billion, but that is down from $1.44 billion.