A certain sportswear firm could be involved in FIFA scandal

Robert LeCompte Jul 6, 2025

Feb 6, 2018

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                <h1>A certain sportswear firm could be involved in FIFA scandal</h1>
                <h2><p>Along with the 16 FIFA officials who have been named in the indictment thus far, there is also mention of an unnamed "major U.S. based sportswear company." The indictment, reports The Washington Post, says that the sportswear company signed a 10-year, $160 million sponsorship deal with the</p></h2>
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               <p>By <a href="/author/robert-lecompte-crosscut-com/">Robert LeCompte</a></p> 
              <p><time datetime="2025-02-04T05:00:00-08:00">Feb 6, 2018</time></p>
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            <p>Along with the 16 FIFA officials who have been named in the indictment thus far, there is also mention of an unnamed "major U.S. based sportswear company." The indictment, reports <a href="http://www.washingtonpost.com/blogs/wonkblog/wp/2015/05/27/meet-the-unscrupulous-executives-who-conspired-with-fifa-officials-to-funnel-150-million-in-bribes/?ref=dev.cascadepbs.org">The Washington Post</a>, says that the sportswear company signed a 10-year, $160 million sponsorship deal with the Brazilian national team in 1996. What sportswear company made a similar deal with the Brazilian team that same year? If you guessed Nike, the Post notes, you'd be correct. The investigators believe that "marketing fees" involved in the deal were little more than bribes. Stock investors don't seem too concerned though; Nike's stock dropped by less than one percent following the allegations.</p>
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Along with the 16 FIFA officials who have been named in the indictment thus far, there is also mention of an unnamed "major U.S. based sportswear company." The indictment, reports The Washington Post, says that the sportswear company signed a 10-year, $160 million sponsorship deal with the Brazilian national team in 1996. What sportswear company made a similar deal with the Brazilian team that same year? If you guessed Nike, the Post notes, you'd be correct. The investigators believe that "marketing fees" involved in the deal were little more than bribes. Stock investors don't seem too concerned though; Nike's stock dropped by less than one percent following the allegations.

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By Robert LeCompte

Robert LeCompte is an editorial intern at Crosscut. He studies communications and film at The Evergreen State College where he recently transferred from Maryland. When not working, he can usually be f