Football Notes: CONCACAF Retains Alvarez & Marsal In Wake Of FIFA Scandal

CONCACAF said on Tuesday that "it has retained Canadian restructuring specialist Alvarez & Marsal to help clean up house in the wake of the FIFA bribery scandal." CONCACAF said that Alvarez & Marsal "will do a four- to five-week assessment of CONCACAF's operations and recommend certain improvements to financial reporting processes, spending and cash flow management, third party vendor relationship management, and organizational effectiveness" (REUTERS, 6/30). ... Greek side Olympiakos Piraeus is keeping its spot in the Champions League for the time being "despite investigations" in Greece into club Owner Vangelis Marinakis. Marinakis was banned from football earlier this month and "has also been ordered to report to police every 15 days on strict bail terms" (REUTERS, 7/1).