On FIFA's willingness to adopt conventional standards of corporate governance:
The real challenge is that some of the executive committee people are not elected by congress but by the confederations and then sent to serve on that committee. The challenge is whether we will be able to force the institution to do due diligence on these people – this is something they do in every major multinational firm.On the Swiss government's appetite for supporting reform:
We also believe there needs to be a stronger element of independence in the executive committee, like on a company board you have independent directors; this is a huge step for them.
That’s where we are really struggling at the moment. They are basically making the argument that if you were a government would you want external people to sit in. They see themselves more as a government than as a multinational corporation.
In the past I’ve always dealt with organisations which have been under some kind of state control or supervision. The difficulty here is that we are in absolute self-regulation, as so far the Swiss regulator – the Federal Sports Office really doesn’t deserve the name regulator – hasn’t done anything to regulate .The bottom line:
It’s only with this new report [on corruption and match-fixing] coming out that it’s starting to take its share of the responsibility.
Taken together, all these sports organisations represent a substantial risk for Switzerland’s reputation.
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