Latin American Economy & Business - December 2016 (ISSN 1741-7430)

Televisa linked to FIFA investigation: Televisa, the Mexican media conglomerate controlled by the Azcárraga family, could be involved in the ongoing scandal affecting FIFA, the international football federation. US prosecutors have claimed that an unnamed affiliate of a major broadcasting company headquartered in Latin America helped to pay millions of dollars in bribes to obtain the rights to broadcast the next four World Cup tournaments in Argentina, Paraguay and Uruguay. The Reuters news agency said it had been able to identify the affiliate as Mountrigi Management Group Ltd, a Swiss company controlled by Televisa. It said that Swiss company registrations indicated that Mountrigi Management and Televisa shared the same addresses and some board members. “We are certain that all of the people from Mountrigi or Televisa that have dealt with FIFA have acted correctly and have not paid any bribes nor any kickback to FIFA official related to the acquisition of rights,” a Televisa spokesman was quoted as saying.