• Korean says he expects Platini, Prince Ali to stand for post
  • Vote to replace Sepp Blatter will take place on Feb. 26

Chung Mong Joon, a FIFA honorary vice president, said he will run to be president of the global soccer authority.

The second-largest shareholder in South Korean shipbuilder Hyundai Heavy Industries Co. said he expects to face Michel Platini, president of European ruling body UEFA, and Prince Ali bin al-Hussein of Jordan in the Feb. 26 election. Platini, a former France midfielder, is the bookmakers’ favorite.

Prince Ali was the only opponent in May, when Blatter won a fifth term two days after the arrest of several senior officials. He said the following week he would step down. The U.S. Department of Justice said the charges stemmed from more than two decades of “rampant” corruption at the organization.

“What FIFA needs now is common sense,” Chung said in an interview in New York. “Some people at FIFA, they seem to have behaved as if they are outside the rules, laws and regulations. That’s the reason why FIFA became the target of global ridicule.”

Platini is canvassing opinion of global soccer leaders at this weekend’s World Cup qualification draw in Russia and will decide on whether to stand soon, his spokesman told reporters on Monday. Platini has already received support to stand, the spokesman added.

“I’m not sure whether Platini is really serious,” Chung said. “Platini also told me a couple reasons why he found it difficult to run for FIFA.” Chung didn’t elaborate on the reasons, saying it was a private conversation.

Chung considered a bid for FIFA’s top job before the 2011 election, though he lost his seat on its executive committee that year to Prince Ali. A spokesman for Ali declined to comment on his plans for the election.

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