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Visa to Reassess Sponsorship If FIFA Doesn’t Reform Quickly

Visa joins a growing list of companies pressuring FIFA after authorities outlined years of alleged corruption at the organization.

Visa joins a growing list of companies pressuring FIFA after authorities outlined years of alleged corruption at the organization.

Photographer: Dean Mouhtaropoulos/Getty Images
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Visa Inc. said it will reassess its sponsorship of FIFA if the World Cup’s governing body fails to reform in the face of international bribery investigations.

“Our disappointment and concern with FIFA in light of today’s developments is profound,” Visa said in a statement late Wednesday after FIFA officials were indicted earlier in the day. “We expect FIFA to take swift and immediate steps to address these issues within its organization. This starts with rebuilding a culture with strong ethical practices in order to restore the reputation of the games for fans everywhere.”