In my humble opinion there are more than a couple of similarities between FIFA’s shenanigans and many of the financial institutions exposed by the economic troubles of recent years. Hubris definitely, and both supported because the powers-that-be believing they are needed for a common good. Some banks should have been allowed to fail by governments and those who voted for Mr Blatter have fallen into the same trap. Football fans deserve better.
The Guardian’s Simon Jenkins penned a prickly but accurate article on Tuesday that pretty much outlines the reality of the political context of unfortunately too many sporting organisations.
If FIFA was a horse it would probably be shot. Like many other sporting organisations it survives not because of great management but the passion of millions of supporters around the world parting with hard-earned cash to enjoy the entertainment, and that is all it is; entertainment. Continue reading