Ricardo Teixeira Extended The CBF's Deal With Saudi Company ISE Four Months Before His Resignation
Four months before he resigned from the presidency of the Brazilian Football Confederation (CBF), Ricardo Teixeira "signed a new deal" with Int'l Sports Events in Doha, Qatar, according to Juca Kfouri of FOLHA DE S. PAULO. The contract gave the Saudi Arabian company, with headquarters in the Cayman Islands, the rights "to organize matches for the Brazilian national team until the 2022 World Cup held in Qatar." The contract between the CBF and ISE, which Folha de S. Paulo had access to, forecasts the payment of a $1.05M fee for each game the Seleção plays. ISE was already responsible for the friendly matches of the national team from '06-'10, but under that contract they received $805,000 per game. The new deal represents a 20% bump. The contract was signed by Teixeira and Moheyddin Kamel, "an unknown figure in the world of sports," who would have met Teixeira thanks to Barcelona President Sandro Rossel. Rossel "is being investigated" by the Ministério Público do Distrito Federal for his involvement in the '08 friendly between Brazil and Portugal, when he received R$9M ($4.4M) from the Distrito Federal government to organize the match. ISE paid for the rights to organize the national team's games "but will not negotiate the broadcasting rights, advertising boards, tickets and potential opponents." That task "is outsourced" to marketing agency Pitch International, which agreed to a deal with the CBF 12 days ago. The CBF confirmed the extension of the deal with ISE and the fact that the Saudi company "passed the rights" to Pitch (FOLHA DE S. PAULO, 8/28).