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Topic: Ibrahimovic under FIFA and UEFA investigation - page 2. (Read 890 times)

legendary
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Leading Crypto Sports Betting & Casino Platform
Zlatan Ibrahimovic and Cristiano Ronaldo will come face to face today, when Juventus takes on AC Milan in a Serie A match. Both the teams are having 69 points as of now, and the winner in all probability will advance to the UEFA Champions League. Ibrahimovic seems to be unaffected by the controversy related to Bethard. He has already signed for another year of contract extension with AC Milan, which proves that he doesn't care about the ongoing investigation.
legendary
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Art. 26 of the FIFA Code of Ethics prohibits not only participation, direct or indirect, in the betting industry, but also having interests, direct or indirect, with companies operating in the industry. If it is established through the investigation that Ibrahimovic had an indirect shareholding in Bethard Group Limited, he would risk a penalty of at least 100,000 Swiss francs (just under € 91,000) up to a disqualification from professional activity for a maximum of 3 years by FIFA.
Finally, at the national level, Ibrahimovic cannot be charged by the FIGC (Italian football league) as art. 24 of the Sports Justice Code only concerns the activity of placing the bet (and not the corporate participation).

He was the brand ambassador for Bethard, so everything was clear from the beginning. My only question is that why the FIFA and UEFA investigating him for something that was done in 2018? They need 3 years to conduct their preliminary investigation? In that case they may take another 3-4 years to decide on the quantum of punishment. IMO, a deal should be reached between both the parties to avoid further embarrassment. If Zlatan had breached the rules, then let him pay a financial penalty and the carry on with his career.
Those giants bodies are incredibly slow when it comes to do anything as everything is always immersed by politics so I am not surprised that it has took so long for them to bring this case against him, which means that if they take any longer on trying to process this case Ibrahimovic could just retire at whatever time he wished and be relatively unaffected in the case he was found guilty, but having an idea of his personality I doubt he is going to accept this and most likely a settlement is on the cards.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Art. 26 of the FIFA Code of Ethics prohibits not only participation, direct or indirect, in the betting industry, but also having interests, direct or indirect, with companies operating in the industry. If it is established through the investigation that Ibrahimovic had an indirect shareholding in Bethard Group Limited, he would risk a penalty of at least 100,000 Swiss francs (just under € 91,000) up to a disqualification from professional activity for a maximum of 3 years by FIFA.
Finally, at the national level, Ibrahimovic cannot be charged by the FIGC (Italian football league) as art. 24 of the Sports Justice Code only concerns the activity of placing the bet (and not the corporate participation).

He was the brand ambassador for Bethard, so everything was clear from the beginning. My only question is that why the FIFA and UEFA investigating him for something that was done in 2018? They need 3 years to conduct their preliminary investigation? In that case they may take another 3-4 years to decide on the quantum of punishment. IMO, a deal should be reached between both the parties to avoid further embarrassment. If Zlatan had breached the rules, then let him pay a financial penalty and the carry on with his career.
legendary
Activity: 2534
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is he really one o the owner or an investor of that gambling site? Or only as an icon of that site?
Well, probably there must be a clear clarification from the management and also the gambling site owner. I am sure enough that AB will not want this to happen and there probably any ways to avoid if any. But sometimes, this kind of law will really be hard to fight moreover it is about related to the regulation. Is this really the end of his career?
Let's see. We cannot take any further speculation before the clear conference press done by the two parties.
Being an investor or a partial owner of the casino is the same thing, we must understand that this is completely different from having a deal to sponsor the casino and this is because in that kind of deal your only responsibility is to promote the casino so people play there, but when you are an actual owner of the casino you care about the profit the casino is producing and when you are a player in any sport this means that you have a conflict of interests and that is never a good position to be in.
legendary
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Art. 26 of the FIFA Code of Ethics prohibits not only participation, direct or indirect, in the betting industry, but also having interests, direct or indirect, with companies operating in the industry. If it is established through the investigation that Ibrahimovic had an indirect shareholding in Bethard Group Limited, he would risk a penalty of at least 100,000 Swiss francs (just under € 91,000) up to a disqualification from professional activity for a maximum of 3 years by FIFA.
Finally, at the national level, Ibrahimovic cannot be charged by the FIGC (Italian football league) as art. 24 of the Sports Justice Code only concerns the activity of placing the bet (and not the corporate participation).
hero member
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DGbet.fun - Crypto Sportsbook
is he really one o the owner or an investor of that gambling site? Or only as an icon of that site?
Well, probably there must be a clear clarification from the management and also the gambling site owner. I am sure enough that AB will not want this to happen and there probably any ways to avoid if any. But sometimes, this kind of law will really be hard to fight moreover it is about related to the regulation. Is this really the end of his career?
Let's see. We cannot take any further speculation before the clear conference press done by the two parties.
It might not be recent but this way published 7 days ago: https://malaysia.news.yahoo.com/uefa-probe-ibrahimovics-alleged-betting-170927440.html

According to this: https://www.thesun.ie/sport/football/6852075/zlatan-ibrahimovic-betting-malta-three-year-ban/

"The report adds that Zlatan's company is the fourth largest shareholder in Bethard and it made a profit after tax of £25.79m in 2019.

He was announced as a co-owner and ambassador for the brand three years ago."

So its really been proved out about his investment.Now we are just waiting for the said sanction or decision about disciplinary thing.
hero member
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royalstarscasino.com
is he really one o the owner or an investor of that gambling site? Or only as an icon of that site?
Well, probably there must be a clear clarification from the management and also the gambling site owner. I am sure enough that AB will not want this to happen and there probably any ways to avoid if any. But sometimes, this kind of law will really be hard to fight moreover it is about related to the regulation. Is this really the end of his career?
Let's see. We cannot take any further speculation before the clear conference press done by the two parties.
tyz
legendary
Activity: 3360
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there is no personal matter but it's just a business~
Kill someone and say it was just a business. I believe he clearly knew what consequences this move was gonna lead to, he is not a college team player, he should have a personal lawyer who is in charge of such situations.

Pretty inappropriate comparison, don't you think? I don't think it was that clear to him though he should have sought professional counseling help. I mean almost every football club is sponsored by a betting company, so in principle there is the same conflict of interest as with an individual player.
sr. member
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the company he co owns also co owns another company and whats the problem with that ? there is no personal matter but its just a business what they are doing but if this is not allowed he should have done a research at first and not insist this partnership because the fine are too heavy and he is going to affect him much and the people that are under him but he can choose to pay because for sure he have lots of cash than to wait for a long time to be able to play again because he can recover those money working within these period

It is like saying why can't I cross a red traffic light if nobody wants to cross the street. You have to follow the rules especially when you are aware of them and seriously Ibrahimovic was aware of them. If you go 70 mph where you are asked to go 50 mph but you go faster only because nobody else is on the street, that's not how it works.
legendary
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~
So far it does not seem as if there was any wrongdoing except of being a partial owner of the company, many people may think this is not a big deal but it is, the whole point of a sport competition is to see two competitors doing everything they can in order to win, but if one side has an incentive to not do so then there are going to be suspicions about their performance even if they never intended to fix a single game and this is what we are seeing in the case of Ibrahimovic.
You are right, although this is a bit sad ain't it? That if you are an athlete you can't have any stake in business that will directly affect your performance in the game but how come betting sites can sponsor the players? Yes they don't have a stake directly but if they want to, they caan probably throw the game.

The issue is if the rules or statues forbid any ownership betting companies while playing in a professional soccer league, well then there is not much to argue about. Ibrahimovic probably knew what he was doing and that he was breaking rules.
That is the issue, even if it did not made sense the rules are the rules and if you want to participate in a sport you follow those rules as every single one of your peers is doing so, however in this case the rules that do not allow a soccer player to be the owner or a partial owner of a casino makes complete sense because there is a conflict of interests between his goals as a soccer player and his goals as the partial owner of a casino and situations like that must always be avoided.
full member
Activity: 379
Merit: 168
Anyways looks like the issue was solved without public explanations. Zlatan's agent Mino Raiola confirmed that he is ready to extend his career until June next year in Milan and they are likely to sign the contract this month. He would not be "ready" if he felt any serious issues concerning these shares of Bethard.
full member
Activity: 756
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~
there is no personal matter but it's just a business~
Kill someone and say it was just a business. I believe he clearly knew what consequences this move was gonna lead to, he is not a college team player, he should have a personal lawyer who is in charge of such situations.
I can't really see him with a personal lawyer making any positive move based on these allegations leveled against him by these two bodies. Although the case is still under-investigation, hopefully the penalty be such that could be manage to avoid ruining his career and reputation. Who knows, maybe there were something like fixed match with this particular sport platform, it's better to wait for the outcome of this investigation before involve a lawyer IMO.
full member
Activity: 379
Merit: 168
~
there is no personal matter but it's just a business~
Kill someone and say it was just a business. I believe he clearly knew what consequences this move was gonna lead to, he is not a college team player, he should have a personal lawyer who is in charge of such situations.
sr. member
Activity: 840
Merit: 251
~
So far it does not seem as if there was any wrongdoing except of being a partial owner of the company, many people may think this is not a big deal but it is, the whole point of a sport competition is to see two competitors doing everything they can in order to win, but if one side has an incentive to not do so then there are going to be suspicions about their performance even if they never intended to fix a single game and this is what we are seeing in the case of Ibrahimovic.
You are right, although this is a bit sad ain't it? That if you are an athlete you can't have any stake in business that will directly affect your performance in the game but how come betting sites can sponsor the players? Yes they don't have a stake directly but if they want to, they caan probably throw the game.

The issue is if the rules or statues forbid any ownership betting companies while playing in a professional soccer league, well then there is not much to argue about. Ibrahimovic probably knew what he was doing and that he was breaking rules.
legendary
Activity: 2534
Merit: 1338
So far it does not seem as if there was any wrongdoing except of being a partial owner of the company, many people may think this is not a big deal but it is, the whole point of a sport competition is to see two competitors doing everything they can in order to win, but if one side has an incentive to not do so then there are going to be suspicions about their performance even if they never intended to fix a single game and this is what we are seeing in the case of Ibrahimovic.
You are right, although this is a bit sad ain't it? That if you are an athlete you can't have any stake in business that will directly affect your performance in the game but how come betting sites can sponsor the players? Yes they don't have a stake directly but if they want to, they caan probably throw the game.
It just comes with the territory, there are many occupations that have similar restrictions and there are rules in place in order to eliminate conflicts of interest, probably one of the most common professions where this happens is what happens to lawyers, for example if you ask for a paid consultation to a lawyer and then you decide to hire another one in a lawsuit against another person that other person cannot hire the first lawyer that gave consultation to you or he will have an unfair advantage over you causing a conflicts of interests.
hero member
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I don't request loans~
Zlatan won't be much worried about the financial penalty that is being talked about (as per Article 31(4), the maximum fine can be $119,000), but he will be worried about a possible three year suspension. That will cause him a few tens of millions of USD in losses, plus tarnishing his reputation. I just hope that things will be settled in an amicable manner by all the sides involved.
It's not only that even, but that's also THREE years of losing the time to play and train under the pressure of tournaments and the like. I'd reckon the moment he comes back, it's either a flop or just the normal skill level he has. If it was a flop, heck that would just add up to the reputation loss he had for those 3 years. As for the financial penalty, heck, with his current financial status PLUS the money he earned from sponsoring the gambling firm (he was chosen as the spokesperson back then iiirc), he has more than enough. I'd also reckon that the firm would support him for his losses if ever, albeit temporarily (if he does own part of the firm)
member
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~
So far it does not seem as if there was any wrongdoing except of being a partial owner of the company, many people may think this is not a big deal but it is, the whole point of a sport competition is to see two competitors doing everything they can in order to win, but if one side has an incentive to not do so then there are going to be suspicions about their performance even if they never intended to fix a single game and this is what we are seeing in the case of Ibrahimovic.
You are right, although this is a bit sad ain't it? That if you are an athlete you can't have any stake in business that will directly affect your performance in the game but how come betting sites can sponsor the players? Yes they don't have a stake directly but if they want to, they caan probably throw the game.
sr. member
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Ibrahimovic could face a penalty in the form of a fine but it looks like a fine is not something that can burden Ibrahimovic right now because indeed he can easily pay it Grin I think the ban from involvement in football for three years is certainly a pretty harsh punishment for a world player like Ibrahimovic and most likely a ban playing three years can hasten the end of Ibrahimovic's career because he is now 39 years old and if subject to maximum punishment, Ibrahimovic could have been forced to quit his football career until he was 42 years old and of course 42 years is no longer a productive age for sports athletes other than Ibrahim of course with this penalty Ac Milan are quite disadvantaged because they have just extended the Ibrahimovic contract until 2022.
legendary
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Leading Crypto Sports Betting & Casino Platform
The official statement from UEFA is that they are investigating Zlatan Ibrahimovic for his "alleged financial interest" in the gambling firm.

https://edition.cnn.com/2021/04/27/football/zlatan-ibrahimovic-investigated-by-uefa-for-betting-company-spt-intl/index.html

Quote
"In accordance with Article 31(4) of the UEFA Disciplinary Regulations (DR), a UEFA Ethics and Disciplinary Inspector has today been appointed to conduct a disciplinary investigation regarding a potential violation of the UEFA Disciplinary Regulations by Mr. Zlatan Ibrahimović for having an alleged financial interest in a betting company,"

Zlatan won't be much worried about the financial penalty that is being talked about (as per Article 31(4), the maximum fine can be $119,000), but he will be worried about a possible three year suspension. That will cause him a few tens of millions of USD in losses, plus tarnishing his reputation. I just hope that things will be settled in an amicable manner by all the sides involved.
hero member
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This definitely won't be a good ending for Zlatan if found guilty. At 39 and winding off, he needs a soft ground to allow him go into other aspect of football after retirement like coaching as it is now the routine for retired players. Well as of now it is still an allegation until FIFA and UEFA makes their finding known.
He has spent a good time in his career but ending this way could be on the sad note, he has a questionable character but I dont think he is guilty until it has been proven. In the light of the super league, I have a different outlook on these football organizations as being selfish and oppressive. They only consider what will benefit them financially and I consider $100 million fine on an individual not company outrageous.
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