by Amoh

January 5, 2017

Caf defends Lagardère Sports contract; exonerates Hayatou

CAF Prez Hayatou

The Confederation of African Football (Caf) has described as false reports that its president, Alhaji Issa Hayatou, is under investigation for graft over a commercial deal with Lagardère Sports.

According to reports in Egypt, where Caf’s headquarters is based, Alhaji Hayatou was under investigation by the Egyptian Competition Authority for contravening rules regarding contracts for some Caf competitions.

But in a statement on Thursday, Caf says the Authority’s letter did not mention “any prosecution against the president of CAF, whether for acts of corruption or something else”.

It said the contract with Lagardère Sports was renewed for 2017/2018 after evaluation of other bids.

“This was done in June 2015. This contract guarantees African football a substantial increase in revenues and substantial funding for the development of football on the continent.”

The continent’s football governing body insisted that the contract with Lagardère Sports “does not contravene national or supranational legislation, as established by categorical legal opinions in this regard”.

“The marketing zones for audiovisual rights do not apply only to CAF competitions, but correspond to a universally recognized division, notably in the marketing of the rights of sporting events.

“It should be noted that even for the FIFA World Cup, commercial rights are ceded for more than one edition in the MENA Zone (Middle East and North Africa).

“No marketing is done on a country-by-country basis. This is also valid for most European championships.”

It said with its over six decades of experience. it strictly complies with statutes and regulations on the continent.

By Emmanuel Kwame Amoh|3news.com|Ghana