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NEWS
FIFA files criminal complaint over funding of €459m world football museum
POSTED 28 Dec 2020 . BY Tom Walker
The project was first announced by disgraced former FIFA president Sepp Blatter in 2012 and the attraction opened its doors in February 2017 at a cost of around CHF500m Credit: FIFA
Football's world governing body FIFA has filed a criminal complaint over what it describes as "criminal mismanagement" of the World Football Museum project in Zurich.

The project was first announced by disgraced former FIFA president Sepp Blatter in 2012 and the attraction opened its doors in February 2017 at a cost of around CHF500m (€459m, £415m).

The 3,000sq m (32,300sq ft) museum is part of a larger development which includes luxury apartments, a restaurant, a sports bar, a shop, FIFA office space and a conference centre.

The museum was hoping to welcome around 250,000 visitors annually – around 21,000 visitors a month. However in its first year the museum is only drawing 11,000 a month – 132,000 a year.

Following an investigation by "external experts", FIFA's legal complaint accuses FIFA’s former management – including Blatter – and companies appointed by them, of mishandling the project.

FIFA claims that the previous administration, led by Blatter, poured CHF140 (€128m, £116m) into renovating and refurbishing a building that the organisation doesn’t own, while also locking itself into a long-term rental agreement on unfavourable terms when compared to standard market rates.

In total, the arrangement is expected to cost FIFA CHF 360m (€330m, £290m) by the date of expiration in 2045.

"That is half a billion Swiss Francs that could and should have been channeled into the development of global football," said FIFA deputy secretary general Alasdair Bell.

“An audit revealed a wide range of suspicious circumstances and management failures, some of which may be criminal in nature and which therefore need to be properly investigated by the relevant authorities.

"We came to the conclusion that we had no choice other than to report the case to state prosecutors, not least because the current management of FIFA also has fiduciary responsibilities to the organisation and we intend to live up to them, even if those before us dismally failed to.”

• Sports Management interviewed the museum's then managing director Stefan Jost in 2016. To read the interview, click here for Sports Management Issue 117 (April 2016).
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Jobs   News   Products   Magazine
NEWS
FIFA files criminal complaint over funding of €459m world football museum
POSTED 28 Dec 2020 . BY Tom Walker
The project was first announced by disgraced former FIFA president Sepp Blatter in 2012 and the attraction opened its doors in February 2017 at a cost of around CHF500m Credit: FIFA
Football's world governing body FIFA has filed a criminal complaint over what it describes as "criminal mismanagement" of the World Football Museum project in Zurich.

The project was first announced by disgraced former FIFA president Sepp Blatter in 2012 and the attraction opened its doors in February 2017 at a cost of around CHF500m (€459m, £415m).

The 3,000sq m (32,300sq ft) museum is part of a larger development which includes luxury apartments, a restaurant, a sports bar, a shop, FIFA office space and a conference centre.

The museum was hoping to welcome around 250,000 visitors annually – around 21,000 visitors a month. However in its first year the museum is only drawing 11,000 a month – 132,000 a year.

Following an investigation by "external experts", FIFA's legal complaint accuses FIFA’s former management – including Blatter – and companies appointed by them, of mishandling the project.

FIFA claims that the previous administration, led by Blatter, poured CHF140 (€128m, £116m) into renovating and refurbishing a building that the organisation doesn’t own, while also locking itself into a long-term rental agreement on unfavourable terms when compared to standard market rates.

In total, the arrangement is expected to cost FIFA CHF 360m (€330m, £290m) by the date of expiration in 2045.

"That is half a billion Swiss Francs that could and should have been channeled into the development of global football," said FIFA deputy secretary general Alasdair Bell.

“An audit revealed a wide range of suspicious circumstances and management failures, some of which may be criminal in nature and which therefore need to be properly investigated by the relevant authorities.

"We came to the conclusion that we had no choice other than to report the case to state prosecutors, not least because the current management of FIFA also has fiduciary responsibilities to the organisation and we intend to live up to them, even if those before us dismally failed to.”

• Sports Management interviewed the museum's then managing director Stefan Jost in 2016. To read the interview, click here for Sports Management Issue 117 (April 2016).
Sign up here to get the Attractions Management weekly ezine and every issue of Attractions Management magazine free on digital.
RELATED STORIES
FIFA World Football Museum comes to Moscow with major exhibition to celebrate World Cup


Fifa's World Football Museum is opening a temporary exhibition in Moscow, Russia, through the course of this year's World Cup.
Fifa Museum loses CHF30m in opening year


FIFA’s World Football Museum in Zurich has suffered a disappointing start after incurring losses of more than CHF30m (US$30.5m, €27.9m, £24.1m) in its first year.
FEATURE: People profile: Stefan Jost


FIFA Museum managing director Stefan Jost
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Vekoma Rides has a large variety of coasters and attractions. [more...]
QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
IAAPA EMEA

IAAPA Expo Europe is owned and produced by IAAPA, The Global Association for the Attractions Industr [more...]
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We’re a Yorkshire-based online printer, founded in 2009 by Adam Carnell and James Kinsella. [more...]
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+ More catalogues  
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+ More directory  
DIARY

 

05-07 May 2021

TEA SATE Europe 2020

PortAventura World, Tarragona, Spain
09 Jun 2021

IAAPA Expo Asia 2021

The Venetian Macao, Macao, China
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2021

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
ATTRACTIONS MANAGEMENT NEWS
ATTRACTIONS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS