Sepp Blatter resigns as Fifa president

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http://www.itv.com/news/story/2015-06-02/sepp-blatter-resigns-as-fifa-president/

Sepp Blatter has resigned as Fifa president amid growing pressure following widespread allegations of corruption at football's world governing body.

A new election will be held "as rapidly as possible"

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http://www.nydailynews.com/sports/soccer/sepp-blatter-right-hand-man-linked-10m-bribe-report-article-1.2243105

The massive federal investigation into corruption in world soccer inched closer to FIFA president Sepp Blatter on Monday when Blatter’s second-in command was identified in news reports as responsible for a $10 million wire transfer that ended up vanishing into the murky coffers of corrupt officials in New York and Trinidad.

Jerome Valcke, FIFA’s secretary general, is the “high-ranking FIFA official” described in the government’s indictment as “causing” the transfer in 2008, according to the New York Times. Valcke denies wrongdoing, and told the Times he did not have the power or authorization to make such a payment.

A spokeswoman for FIFA said the $10 million in bank transactions were authorized by the then-FIFA Finance Committee chairman. The Finance Committee chairman was Julio Grondona, who died last year.