FIFA Sponsor Visa Issues Strongest Of Warnings
Visa said it would "reassess" its sponsorship of FIFA if immediate steps aren't taken.By Matt Moreno | May 28, 2015
Nobody really wants their name or brand associated with FIFA right now, especially if you're a multibillion-dollar worldwide corporation.
Visa, one of FIFA's biggest sponsors, issued a stern warning to the organization in wake of the FIFA officials arrested for corruption. Visa released a statement saying, "As a sponsor, we expect FIFA to take swift and immediate steps to address these issues within its organization. ... Should FIFA fail to do so, we have informed them that we will reassess our sponsorship."
If Visa were to bow out, it'd be a major blow to FIFA's sponsorships. Visa is one of just six global FIFA partners and could be a leader amongst other brands abandoning the soccer organization.