Fifa president, Blatter, resigns




FIFA president, Sepp Blatter, has announced his resignation following the arrest of FIFA officials.

Blatter announced his resignation on Tuesday only four days after being re-elected to a fifth term.

Blatter, 79, announced the decision at a news conference in Zurich, six days after the FBI raided a hotel in Zurich and arrested several FIFA officials, according to Reuters.

Blatter told press that he will tender in his resignation as soon as an extraordinary FIFA congress has elected a successor.

Last week, Department of Justice indicted and led to the arrest of nine FIFA officials close to Blatter.

Blatter described the incident as having shamed and humiliated the football governing body.

Seven of the most powerful figures in global soccer were arrested on Wednesday in a dawn raid on a luxury hotel that FIFA used to host visiting officials, and face extradition to the United States on corruption charges.

The Swiss authorities also announced a criminal investigation into the awarding of the next two World Cups being hosted in Russia in 2018 and Qatar in 2022.

U.S. authorities said nine soccer officials and five sports media and promotions executives faced corruption charges involving more than $150 million in bribes.

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