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Sexwale launches FIFA Presidency bid

Tuesday, October 27, 2015 - 01:05

South Africa's Tokyo Sexwale says he wants to repair the ''severely undermined'' FIFA brand as he confirms he is standing for the presidency of world soccer's governing body

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SHOWS: JOHANNESBURG, SOUTH AFRICA (OCTOBER 27, 2015) (REUTERS - ACCESS ALL) 1. (SOUNDBITE) (English) SOUTH AFRICAN BUSINESSMAN, TOKYO SEXWALE, SAYING: "FIFA is broken and what is broken is the administration of FIFA. Now for me that's the easiest thing that I know, administration - to run organisations whose budgets and finances are far, ten, twenty times bigger than FIFA, FIFA doesn't have money. Of course it has made a lot of money under Blatter, but I have administered organisations, banks and mining companies far larger than FIFA, both in the country and abroad. Listed companies, South Africa, Australia, and New York Stock Exchange and London. Now that's the knowledge you want to bring in to FIFA, it's a very simple thing. What has been broken in FIFA is the ability, the inability to follow money, money has got traces, it's got invoices, it's got... follow the money. If you follow the money, it's got fingerprints, it's got footprints, it's got tracks, and if it disappears, find out who the last person who was there, who was standing" STORY: South Africa's Tokyo Sexwale, who was a close friend of Nelson Mandela, said on Tuesday (October 27) that he wanted to repair the "severely undermined" FIFA brand as he confirmed he was standing for the presidency of world soccer's governing body. Sexwale went on to say that FIFA was "broken" and said he had the know how to deal with the organizations administrative problems. FIFA is embroiled in the worst scandal of its 111-year history, with the United States having indicted several FIFA officials for bribery, money laundering and wire fraud in May. He spent 13 years with the late president at the Robben Island prison, was a member of the ruling African National Congress party and a post-apartheid government minister before moving into business. Sexwale has been a member of FIFA's anti-discrimination task force, has conducted talks between the Palestinian and Israeli federations and was a member of the bid team and the organising committee for the 2010 World Cup, the first held in Africa. "FIFA is broken and what is broken is the administration of FIFA. Now for me that's the easiest thing that I know, administration - to run organisations whose budgets and finances are far, ten, twenty times bigger than FIFA, FIFA doesn't have money. Of course it has made a lot of money under Blatter, but I have administered organisations, banks and mining companies far larger than FIFA, both in the country and abroad. "If you follow the money, it's got fingerprints, it's got footprints, it's got tracks, and if it disappears, find out who the last person who was there, who was standing," said Sexwale in response to a question about the current problems FIFA has. Sexwale said he would head to Cairo after the news conference to seek the support of the Confederation of African Football as he faces off against candidates including Asian soccer chief Sheikh Salman Bin Ebrahim Al Khalifa of Bahrain, and Gianni Infantino, general secretary of Europe's governing body UEFA. Blatter and Michel Platini, president of European soccer's governing body UEFA, who had been favourite to succeed him, have been suspended for 90 days pending a full investigation by FIFA's Ethics Committee. Both deny any wrongdoing.

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Sexwale launches FIFA Presidency bid

Tuesday, October 27, 2015 - 01:05