Although he stuck to his guns as a massive corruption scandal unfolded within FIFA earlier this month, President Sepp Blatter has announced he’ll be stepping down.
The organization has faced an onslaught of controversy, as seven of its top officials, including Blatter’s top lieutenant, were arrested by the U.S. government and indicted on corruption charges just two days before the vote for a new FIFA President took place.
Blatter was re-elected by a landslide and, at the time, maintained that he wouldn’t be resigning.
The 79-year-old has called for a congress to be assembled as soon as possible to elect his successor.
The indicted officials are accused of fraud, money laundering, and racketeering over the past two decades, which may have tarnished the bids for the 2018 and 2022 World Cups. The events were given to Russia and Qatar, respectively.
Some of FIFA’s biggest sponsors, Visa and Coca-Cola being just two, have already made it clear that unless changes are made to the soccer organization, the companies will be re-examining their partnerships with the teams.
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