Governing Bodies
ISRAELI BANK, HAPOALIM ADMITS MONEY LAUNDERING IN FIFA SCANDAL
BY NEIL SHEFFERD
Israeli bank Hapoalim has agreed to pay $30million (£24million/€27.2million) after admitting money laundering as part of a high profile FIFA corruption case.
The United States Justice Department announced that the bank, the largest in Israel, had pleaded guilty of conspiring to conceal the origins of $20million (£16million/€18.1million) obtained illegally through bribes and incentives between December 2010 and February 2015, by transferring the money to high-profile figures caught up in the FIFA corruption case, which dates back to 2015.

The case led to former FIFA President Sepp Blatter being removed from office and an investigation being launched into the awarding of the 2022 FIFA World Cup to Qatar.
“For nearly five years, Bank Hapoalim employees used the US financial system to launder tens of millions of dollars in bribe payments to corrupt soccer officials in multiple countries,” said the US Justice Department’s assistant attorney general Brian Benczkowski.
Internal Revenue Service criminal investigation chief Don Fort added: “There is no excuse for a foreign financial institution to unlawfully assist wealthy Americans in flouting their responsibilities to pay their taxes.
“With today’s guilty plea, Bank Hapoalim is taking responsibility for their role in deliberately breaking the law and undermining the integrity of this nation’s tax system.”
The scheme reportedly took place through Hapoalim’s Miami branch in the United States, with many of the payments linked to marketing rights for the Copa America, as reported by insideworldfootball.
Eugenio Figueredo, former President of Conmebol and Uruguay’s federation, was among those accused of receiving the bribes, as was Luis Bedoya, former President of Colombia’s federation.
Both men were former members of FIFA’s Executive Committee.
As part of a deal to avoid prosecution for their involvement in the case, Bank Hapoalim BM in Israel and its wholly owned Swiss company Hapoalim Ltd agreed to forfeit $20.73million (£16.58million/€18.76million) and pay a fine of $9.33million (£7.46million/€8.45million).
“Bank Hapoalim admits executives looked the other way, and allowed illicit activity to continue even when employees discovered the scheme and reported it”, said William Sweeney, assistant director of the Federal Bureau of Investigation’s New York office.
“The case highlights the spider web of bribery, corruption and back-room deals going on behind the scenes as soccer games were played on the field.”
At the same time Bank Hapoalim also agreed to pay $875million (£700million/€793million) in a deferred prosecution agreement after pleading guilty to hiding $7.6billion (£6.08billion/€6.89billion) in more than 5,500 secret Swiss and Israeli bank accounts.
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Governing Bodies
Egypt’s Mega Prize Money Package Offers Lessons for Nigerian Football

By Kunle Solaja.
Egyptian publication Ahram has reported an astronomical increase in prize money in all tiers of Egyptian domestic competitions.
This decision by the Egyptian Football Association to unveil what it described as the biggest prize-money package in its history for the 2025/26 season has once again thrown the spotlight on the modest financial rewards in Nigerian domestic football competitions.
Under the new structure announced by the Egyptian federation, winners of the Egypt Cup will receive EGP 2 million (approximately $37,000), while runners-up will earn about $19,000. The champions of the Egyptian Premier League are also expected to pocket EGP 5 million, estimated at about $94,000.
The package extends beyond the elite division. Clubs promoted from Egypt’s Second Division (A) will each earn roughly $19,000, while those advancing from Second Division (B) will receive close to $9,500 each.
Women’s football and youth competitions were equally accommodated. Winners of the Women’s Football League will receive about $9,500, while the Women’s Egypt Cup champions and runners-up will earn nearly $7,500 and $3,700 respectively. Youth championships across several age categories also have dedicated prize allocations running into millions of Egyptian pounds.
The Egyptian initiative is being viewed in many football circles as a deliberate attempt to improve club stability, encourage grassroots development and make domestic competitions more competitive.
For Nigerian football stakeholders, the development offers another example of how stronger financial incentives can stimulate growth in local competitions.
In Nigeria, complaints over poor prize money have persisted for years, especially in the domestic league, women’s football and youth competitions. Several clubs continue to struggle financially, while players and officials often lament inadequate rewards despite demanding schedules and rising operational costs.
Observers argue that meaningful prize money can motivate clubs to invest more seriously in infrastructure, player welfare, youth development and women’s football.
The Egyptian model also demonstrates that football development is not restricted to top-flight competitions alone. By extending financial rewards to lower divisions and youth categories, the federation appears to be creating a broader economic support system for its football ecosystem.
Many Nigerian football followers believe the Nigeria Football Federation, the Nigeria Premier Football League and corporate partners can draw valuable lessons from Egypt’s approach.
With Nigerian clubs facing increasing financial pressure and continental competitiveness declining in recent years, analysts insist that enhanced prize money could become one of the incentives needed to revive domestic football and restore greater excitement around.
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Governing Bodies
Nigeria To Host CAF General Assembly For Third Time, CAF Awards For Seventh

By Kunle Solaja.
Nigeria is set to host the 48th Ordinary General Assembly of the Confederation of African Football (CAF), marking the third time the country will stage the continent’s top football gathering.
The development was confirmed in a statement issued by the Nigeria Football Federation (NFF), which disclosed that President Bola Ahmed Tinubu, on the sidelines of the ongoing Africa Forward Summit in Nairobi, Kenya, approved Nigeria’s proposal to host the event.
The approval followed a meeting between President Tinubu and CAF President Patrice Motsepe, attended by Nigeria’s Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu, NFF President Ibrahim Musa Gusau, former NFF President and Special Adviser to the CAF President Amaju Melvin Pinnick, as well as CAF Acting General Secretary Samson Adamu.
Sports Villages Square affirms that Nigeria previously hosted the CAF Congress at the National Theatre in Lagos in March 1980 and again in February 2009, when the late CAF President Issa Hayatou secured another four-year term in office.
In addition to this year’s 48th Ordinary General Assembly, scheduled for October, Nigeria also secured the hosting rights of the CAF Awards ceremony. The annual awards gala, which celebrates Africa’s top football performers, has been staged in Morocco over the past three years.
Nigeria had earlier hosted the CAF Awards when telecom firm, Globacom, was the headline sponsor. This year’s event will be the seventh to be held in Nigeria after those of 2005, 2008, 2009, 2013, 2014 and 2016.
The CAF Ordinary General Assembly traditionally attracts key football stakeholders from across the continent, including presidents of CAF’s 54 member associations, representatives of the six zonal unions and senior football administrators.
The CAF Awards ceremony is regarded as one of African football’s flagship events, honouring outstanding players, coaches, clubs and officials in a glamorous setting that showcases the continent’s football excellence.
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Governing Bodies
FIFA bans former Guyana football official Alves for five years over harassment

FIFA’s independent Ethics Committee has banned former Guyana Football Federation (GFF) General Secretary Ian Alves from all football-related activities for five years after finding he sexually harassed female staff members.
FIFA also fined Alves 20,000 Swiss francs ($22,000) after determining that he had breached provisions of the FIFA Code of Ethics relating to the protection of physical and mental integrity, abuse of position and general duties.
“FIFA has a strict stance against all forms of abuse in football,” the organisation said on Monday.
The decision followed a review of written statements from the victims, documents provided by the GFF, submissions from Alves, and other evidence gathered during the investigation.
Alves stepped down from his position in 2024.
The ban came into force on Monday, when the terms of the decision were notified to Alves, and the full grounds for the ruling will be communicated within 60 days in accordance with the Code of Ethics, FIFA added.
The GFF did not immediately respond to a Reuters request for comment. Alves could not immediately be reached for comment.
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