Mexican company Televisa has been singled out for allegedly bribing FIFA officials (REUTERS/Edgard Garrido)

After the investigations carried out against the Fédération Internationale de Football Association (Fifa) for suspected cases of corruption, the company Television was bound. According to a lawsuit filed in Manhattan federal court, the Mexican entity allegedly agreed to pay up to $95 million resolve a dispute for allegedly granting bribes to secure the rights to four World Cups.

The payment corresponds to a preliminary agreement presented on the night of Tuesday, February 28, 2023 before the American authority, which is why it must receive the approval of the judge as a means indicated for the resolution of the lawsuit Brought to you by a group of investors including Palm Tran Inc Amalgamated Transit Union Local 1577 Pension Plan of Atlanta.

In the indictment, the Televisa Group was accused of artificially inflating the price of its certificates of deposit (ADR) by hiding how it obtained the rights to World Cup Russia 2018, Qatar 2022, Mexico, USA and Canada 2026as well as editing 2030. catch them, paid bribes while promoting to the public their commitment to ethical business practices.

The rights covered the 2022 Qatar World Cup (REUTERS/Molly Darlington)
The rights covered the 2022 Qatar World Cup (REUTERS/Molly Darlington)

The action of the Mexican company would have been singled out since the year 2017, when the case cataloged as FIFAgate was announced. At the trial, Televisionas well as the Brazilian society Globewere highlighted by the alleged delivery of 15 million dollars to Julio Grondona when he was vice-chairman of football’s highest governing body in the world.

The millionaire payout was reportedly granted to facilitate the process of awarding broadcast rights for the aforementioned tournaments. However, in a class action lawsuit filed the following year by various investors, it was pointed out that the figure would have been higher and with the support of a Swiss subsidiary when they allegedly sought to conceal the payments in question.

According to the newspaper The New York Timesthe subsidiary Mountrigi Management Group He reportedly paid a FIFA executive around $190 million for the rights to broadcast World Cups held in Russia and Qatar between 2018 and 2022.

Emilio Azcárraga's company has denied participating in corrupt practices (ANTONIO CRUZ / CUARTOSCURO.COM)
Emilio Azcárraga’s company has denied participating in corrupt practices (ANTONIO CRUZ / CUARTOSCURO.COM)

Subsequently, the transmissions were sold to various countries in South America. However, in 2018, the company denied the charges and argued that the actions taken to date did not constitute activity related to corrupt practices in world football.

Information under development*

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