U.S. probes Nike payments Under Brazil deal

Aruna Viswanatha and Sara Germano – The Wall Street Journal, 6/12/2015

U.S. authorities are examining payments made by Nike Inc. under a groundbreaking 1996 soccer sponsorship with Brazil for possible evidence of any wrongdoing by the company in addition to its counterparts in the deal, people familiar with the matter said.

The examination indicates the company is still of interest as the Justice Department pursues its wide-ranging probe of corruption in the global soccer business.

Allegations of corruption around Nike’s 10-year, $160 million agreement to sponsor Brazil’s national team are discussed in barely veiled terms in the Justice Department’s 161-page indictment of officials in and around soccer’s governing body, FIFA.

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