Regulation/Trade Bodies

Visa threatens to pull its FIFA sponsorship amid ongoing corruption scandal

Thomas Hobbs

Several key FIFA sponsors including Visa and Coca-Cola have expressed serious concerns following the arrest of seven top FIFA officials in Zurich on Wednesday after Swiss authorities and the U.S. Justice Department followed through with corruption charges. Here is a round up of each brand’s reaction to the ongoing scandal so far, with Coca-Cola claiming the corruption investigation has ‘tarnished’ the World Cup brand.