Newly re-elected FIFA President, Sepp Blatter has resigned
from office amidst allegations of corruption. According TP Yahoo Sports,
Sepp Blatter, FIFA’s long-time president, announced on
Tuesday that he will be resigning as soon as an extraordinary FIFA congress has
elected a successor.
Blatter had won a fifth term as president just last Friday
and seemed to feel vindicated in two victory speeches, after yet another round
of scandals had beset him and his organization. A recent indictment by the
Department of Justice had led to the arrest of nine of his close associates
last week.
The move comes as a total shock to the soccer world, which
had assumed Blatter would remain in power through the end of his new four-year
term, extending his reign to two decades.
Good for the football industry.
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