He owner of Club América and president of the Board of Directors of the Televisa Group, Emilio Azcárraga Jeanrequested leave to leave his position at the media company with immediate effect. The decision of the Mexican magnate was taken within the framework of the investigation carried out by the United States Department of Justice v. FIFA, known as FIFAGate.
The information was made official when the company sent a document to the Mexican Stock Exchange (BMV). Within the framework of the investigation of FIFAGate The authorities accuse Televisa to artificially inflate the price of its ADR and having obtained fraudulent the broadcasting rights of various World Cups.
What is Televisa accused of in the framework of FIFAGate
Since the scandal was uncovered in May 2015, the FIFAGate It is one of the biggest cases of corruption in the history of sports. Over the years, research spread to hundreds of personalities linked to the world of football.
In this framework, the Mexican media company is accused of artificially inflate the price of its ADR. On the other hand, it is also investigated how he planned and obtained the transmission rights of the World Cups in 2018, 2022, 2026 and 2030 through alleged bribes.
In detail, the Mexican company is accused of reaching an agreement with an American investor for US$95 million to resolve a claim for having bribed to different FIFA officials to obtain the television rights for international competitions.
Having previously denied the accusations, the company now seeks to make a gesture of good faith to the United States Department of Justice. “Grupo Televisa announced that its Board of Directors approved a proposal from Mr. Emilio Azcárraga Jean, Executive President of the Board, to take leave, with immediate effectwhile the investigation being carried out by the Department of Justice of the United States of America, related to the FIFA“, as previously announced on August 30, 2024,” they concluded in the statement.
How much is the fortune of Emilio Azcárraga Jean, the owner of Televisa?
Emilio Azcárraga Jean was president of Grupo Televisa since 1997, after the death of his father Emilio Azcárraga Milmowhen he was barely 29 years old. The Mexican tycoon has a fortune that places him among the most millionaire people in Latin America.
Mexico televisa.avif
@ElJefeAguila /
According to Forbes magazine, the owner of Televisa was in the place in 2023 41 on the list of millionaireswith a fortune of US$560 million.
Also in 1997 Azcárraga Jean took over as President of the Ibero-American Organization (OTI) after the death of Guillermo Cañedo de la Bárcena, who founded said organization. In addition, he is the owner of one of the most important soccer clubs in Mexico: Club América.
In 2006, the magnate threw himself into the lottery and raffle games business, creating the betting center Play Citywith 21 centers to date. In addition, I present games and raffles from the Sorteos del Trébol brand. Among his latest movements is the decision to join the América team to be listed in the Mexican Stock Exchange (BMV), reporting significant gains in 2023 and 2024.
Source: Ambito
