Friday, December 08, 2006

FIFA to appeal MasterCard ruling

FIFA is dismayed by the decision of the US Federal Court in New York which upheld MasterCard's complaint regarding the granting of the financial services category sponsorship package. FIFA will appeal this decision and fully expects to prevail.

FIFA remains convinced that at all times it acted in good faith and it will therefore continue to vigorously pursue its case. Furthermore, FIFA notes that the Zurich arbitration tribunal is competent to hear this dispute, and FIFA awaits the outcome of this proceeding.

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