Nike says it is "cooperating with authorities"

Nike says it is "cooperating with authorities"

Nike has said charging documents regarding the FIFA bribery indictment do not allege the US sportswear giant engaged in criminal conduct.

Nike had yesterday (28 May) said it was cooperating with authorities as it emerged an unidentified sportswear company took part in bribing a Brazilian soccer official for a sponsorship agreement.

The news came as part of a crackdown on alleged corruption at FIFA in which a joint investigation between the US Federal Bureau of Investigation (FBI) and Swiss authorities resulted in the charging of nine FIFA officials with racketeering, wire fraud and money laundering.

In a further statement today, Nike said there is no allegation in the charging documents that any company employee was aware of or knowingly participated in any bribery or kickback scheme.

"Like fans everywhere we care passionately about the game and are concerned by the very serious allegations. Nike believes in ethical and fair play in both business and sport and strongly opposes any form of manipulation or bribery. We have been cooperating, and will continue to cooperate, with the authorities."

Amidst a 161-page indictment by the US Justice Department are allegations of bribery involving a "multinational sportswear company headquartered in the US".

Nike is not named in the document, although the company signed a sponsorship deal with Brazilian national soccer federation CBF in 1996, the same year in which the events described in the indictment take place.