Sports

FIFA, the soccer world’s governing body, has been accused of various corrupt practices, as has its controversial president, Sepp Blatter, who engineered the selection of South Africa for the 2010 edition of the event, which takes place every four years, like the Olympics. Rumors of bribery amongst African nations swirled at the time of Blatter’s election as FIFA president. The upcoming disinformation® documentary World Cup Soccer in Africa: Who Really Wins? also questions FIFA’s motives and whether the event will really benefit Africa. Now William Watts asks some tough questions of FIFA, at Marketwatch:

It may carry a lower profile than the International Olympic Committee, another controversial, Swiss-based international sports body. And to many Americans, Fifa, which stands for Federation Internationale de Football Association, means nothing alongside the likes of the NFL, NBA and Major League Baseball.

But the overseer of international soccer captained by Joseph “Sepp” Blatter has repeatedly shaken off allegations of corruption and regional in-fighting as well as a global recession to become arguably the most powerful sports organization on the planet.

It’s all down to the World Cup — the quadrennial extravaganza that crowns the world’s soccer champion and is rivaled only by the Olympics as the most watched sporting event around the globe.

Blatter last month was able to brag that Fifa’s annual 2009 revenues passed the $1 billion level for the first time in its history, leaving the organization with a $196 million surplus…