Former FIFA President Sepp Blatter and France footballing legend Michel Platini were acquitted on charges of illegally siphoning FIFA funds.
Swiss judges found ex-FIFA president Sepp Blatter and French football legend Michel Platini not guilty of corruption charges on Friday.
Prosecutors acquitted Blatter on charges of unlawfully funneling 2 million Swiss francs ($2.06 million) of FIFA funds to Platini, a former France national team captain and manager in 2011. Blatter headed FIFA for 17 years. Platini hoped to be his successor.
Both were banned initially banned from soccer for eight years over the alleged impropriety, but the time period was later reduced.
Knowledge of the payment came to light after the US Department of Justice launched an investigation into bribery, fraud and money-laundering at FIFA in 2015.
While the reason behind the payment is still unclear, Blatter had said that the payment was a “gentlemen’s agreement” when he asked Platini to be his technical advisor in 1998.
Prosecutors said that the verbal agreement for Platini’s advisory services was an “invention” and never existed.
Platini claims that the incident was designed to foil his bid to become FIFA president in 2015.
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