Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Havelange Resigns as Member of International Olympic Committee

Joao Havelange, the longest-serving member of the International Olympic Committee, has resigned from the organization.

The departure of the 95-year-old, who had been a member of the Lausanne, Switzerland-based committee since 1963, was confirmed by the IOC in a text message today.

FIFA, soccer’s governing body for which the Brazilian is honorary president, said in a statement it had “taken note” of his resignation, but “cannot speculate on any decisions made by Mr. Havelange.”

The British Broadcasting Corp.’s “Panorama” program said last year that Havelange received $1 million from ISL, which owned World Cup television rights and collapsed with debts of $300 million in 2001, prompting an investigation by the IOC ethics commission.

Havelange has denied the allegations. FIFA has promised to release documents this month naming officials who took payments from its former marketing partner.

“Regarding the ISL case, the FIFA Executive Committee decided on 21 October to publish the dossier and to submit it to an external committee for investigation,” FIFA said. “This committee will then propose -- if necessary -- sanctions against FIFA members who are guilty of misconduct.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.