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Fifa regulations could hurt David Ginola's paddypower challenge

Monday January 26,2015 : F.I.F.A. REGS ON ETHICS COULD STYMIE GINOLA'S PRESIDENTIAL CHALLENGE (Update)
 
Paddy Power's involvement and a lack of governance experience cited.
 
Former footballer David Ginola's much publicised Paddy Power-backed challenge for the FIFA presidency could be in trouble following the publication late last week of a FIFA advisory on ethics.
 
FIFA issued the election guide ahead of next Thursday’s deadline for candidate applications, emphasising that official candidates are bound by its ethics code.  That includes a provision which unequivocally asserts:
 
"Persons bound by this code shall be forbidden from taking part in, either directly or indirectly, or otherwise being associated with betting or gambling."
 
Adding to Ginola's woes is the fact that Paddy Power, which committed to GBP 250,000 of the estimated GBP 2.3 million needed for his campaign, has since announced that they will not be contributing financially beyond January 27 (the deadline).
 
The gambling group has also assured football fans who made donations to Ginola's campaign: ‘In case David doesn’t make it through, we will look to fully reimburse fans who have donated to the campaign.’
 
The donations are being chanelled through a new Paddy Power company titled Rebooting Football Limited, the website for which had previously advised that donations were not refundable, and observers have pointed out that the FIFA ethics regulations also forbid active or passive stakes in companies or organisations that promote gambling.
 
As far as is known, Ginola has yet to obtain the support of at least five football associations, a requirement before a presidential challenge will be accepted, and finally he appears to lack the necessary two years of senior governance experience also required by FIFA regulations.



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2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

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