FIFA Executive Board Pay Would Be Disclosed by New Member Gulati

U.S. Soccer President Sunil Gulati, who was elected to FIFA’s executive board three days ago, said he’s willing to publish details of his compensation in that role.

Gulati, 53, secured a spot on the sport’s global governing body’s decision-making committee in a narrow victory over Mexican counterpart Justino Campeo at a Congress of regional governing body Concacaf.

The American is also part of an advisory panel tasked with advising FIFA on reforms following a series of scandals. FIFA’s members will vote on a package of restructuring measures that don’t include publishing executive pay next month.

“The answer would be yes, with a caveat,” Gulati told reporters on a conference call today when asked if he would disclose his pay.

“I don’t know what the rules of the road are there, but in the absence of that, it’s my belief that FIFA should, in fact, disclose the compensation of directors. I would have no problem of disclosing if it’s not a violation of any provision with FIFA for directors.”

FIFA, which last month announced revenue of $1.2 billion for 2012 and a 7 percent increase in cash reserves to $1.4 billion, makes most of its money from its quadrennial World Cup, which is sports’ most-watched event. It will be staged in Brazil next year before moving to Russia in 2018 and Qatar in 2022.

Controversial Vote

The selection process for the events in Russia and Qatar, which beat the U.S. in the final runoff, was beset by controversy. Two executives were suspended before the 2010 ballot following a newspaper sting in which they were recorded offering to sell their votes. A year later, when FIFA President Sepp Blatter was running for a fourth term, his only challenger quit a day before an investigation was opened into allegations he tried to bribe voters in the Caribbean.

Gulati’s promotion to the FIFA executive board came after delegates in Panama heard allegations of impropriety against former Concacaf head Jack Warner and former Concacaf general secretary Chuck Blazer. Gulati will take over a seat held by Blazer since 1997.

Two years ago, Blazer accused Warner of corruption. Warner and Blazer resigned later in 2011 and a report from a Concacaf committee Friday accused both of enriching themselves through fraud. Both denied the accusations.

Before it's here, it's on the Bloomberg Terminal.