January 20 – FIFA has banned Manuel Álvarez, one-time normal secretary of the Venezuelan FA, for 5 years for monetary wrongdoing and fined him practically $1 million.
Álvarez was present in breach of key moral codes on the time he was within the put up, however particulars of the alleged misconduct haven’t been disclosed.
Álvarez is claimed to have facilitated the misappropriation and misuse of funds belonging to each the federation and FIFA.
FIFA’s ethics committee accused him of violating the responsibility of loyalty and it could seem the ruling is linked to Venezuela’s annual FIFA grant. FIFA makes $2 million obtainable in funding annually to all its 211 member federations.
It’s unclear how FIFA can implement the high quality if Álvarez chooses to not return to soccer.
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The post FIFA bans Venezulan Manuel Clavarex for 5 years and fines him $1m first appeared on Foot & Soccer.
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Author : footsoccer
Publish date : 2025-01-20 05:05:31
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