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Friday, July 24, 2015

Concacaf announces split with Brazilian marketing firm amid Fifa scandal

Aaron Davison, right, is the president of Traffic Sports USA and was among 14 officials indicted in May.

Concacaf, the governing body in the Caribbean, North America and Central America, has announced it has parted with the US division of a Brazilian sports marketing firm that federal prosecutors have indicted on corruption charges.
Traffic Sports USA, a unit of the Brazilian Traffic Group, was responsible for marketing and sales for the confederation’s biennial gold cup tournaments through 2021 as well as the annual Concacaf Champions League through the season ending in 2022.
Concacaf said it was a mutual decision “to part ways”. It added the move “will have no effect on Concacaf’s ability to fulfil its existing obligations to sponsors or to stage future tournaments.”
A Concacaf spokesman declined further comment late on Tuesday.
Traffic Sports USA’s president, Aaron Davidson, was among the 14 marketing officials and executives from Fifa, who were indicted in late May on bribery, money laundering and wire fraud charges involving more than $150m in payments.
Davidson’s attorney declined to comment on Tuesday. He was released on a $5m bond in June, according to court records. Prosecutors accused Davidson of securing contracts worth more than $35m for the Traffic Group unit he ran and of arranging bribes for a top Fifa official.
The owner of Traffic Group, José Hawilla, has already pleaded guilty to wire fraud conspiracy, obstruction of justice and other charges.

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