Knowledge bank: When ISL sold on tv-rights for 60 million US to TV-Globo, FIFA was meant to get a share of 22 million. The money never came under FIFA control and after ISL's bankruptcy, FIFA reported ISL to the police alleging fraud and embezzlement. Three years later FIFA withdrew the complaint without giving any explanation.  

Horst Dassler built the world's most influential sport marketing company, ISL. But at the turn of the millenium, ISL lost market shares and began purchasing television rights on a large scale. This led to a cash flow crisis that ultimately felled the company which leaves a debt of 300 million dollars.

In 2003, the liquidator of ISL discovered that sports officials including FIFA officials had reeceved bribes from the company and demanded that they were paid back to the insolvent estate. A large sum of money was repaid but a court order from the Swiss Federal High Court prevents details of the deal from being handed over to the investigating magistrate.

FIFA does not have many comments on its problems with ISL. But since the collapse of the marketing company, FIFA has gone on the offensive with regards to governance and transparency by adopting a Code of Ethics and establishing a taskforce "For the Good of the Game."

Knowledge bank: This is the story of an earthquake. It is the story of the collapse of the former marketing giant ISL/ISMM which was for decades the leader in the Olympic world – and in the world of football.

Knowledge bank: I think you all know the story of the ISL bankruptcy very well. I do not want to repeat all the stories I have written in my newspaper.