Coca-Cola and Budweiser speak out in response to FIFA corruption scandal

Budweiser, meanwhile, says it expects ‘strong ethical standards’ from the world football governing body, adding it is continuing to monitor the situation.

Coca-Cola’s concerns​

Swiss police arrested seven FIFA officials on Wednesday in Zurich, as part of a US fraud inquiry that indicted 14 people.

Swiss authorities have also launched a criminal inquiry into the bidding process for the World Cup events in 2018 and 2022.

Coca-Cola is pressing FIFA to address issues raised by the corruption scandal surrounding the football governing body, while media reports speculate that major sponsors may reassess their connections.

Coca-Cola is one FIFA’s longest-standing corporate partners, having had a formal association since 1974 and official sponsorship of the World Cup since 1978. In 2005, the partnership was extended to 2022.

It is involved in events including World Cup, Women’s World Cup and Futsal World Cup, as well as sponsoring the FIFA / Coca-Cola World Ranking.

On Wednesday, Coca-Cola said the controversy had “tarnished the mission and ideals of the FIFA World Cup.”​

“We have repeatedly expressed our concerns about these serious allegations,”​ it said in a statement. “We expect FIFA to continue to address these issues thoroughly. FIFA has stated that it is responding to all requests for information and we are confident it will continue to cooperate fully with the authorities.​”​

Budweiser expects strong ethical standards​

Budweiser has sponsored the FIFA World Cup since 1986 in Mexico. It was the official beer for Brazil 2014 with various promotions such as Budweiser Beer Gardens, its  #RiseAsOne creative campaign, and limited edition gold bottles featuring the World Cup trophy.  

Budweiser is a sponsor for the 2018 World Cup in Russia.

Parent company Anheuser-Busch InBev says has been communicating with FIFA and will continue to do so.

“We expect all of our partners to maintain strong ethical standards and operate with transparency,” ​said a statement from AB InBev.

“We continue to closely monitor the situation through our ongoing communications with FIFA.”​

Other FIFA sponsors include Adidas, McDonald’s and Visa.

Visa – which is a top-tier FIFA partner with a partnership extended to 2022 - has described its disappointment and concern with the body as ‘profound.’ It says it expects ‘swift and immediate steps’ from FIFA.

Visa added that, if FIFA failed to make changes, it would reassess its sponsorship.

FIFA members are voting today on the presidency of the body.