US Fifa investigators 'look into Nike's Brazil payment's'

The logo of Nike is seen in a storefront in Sao Paulo. Credit: Reuters

Investigators are examining a series of payments made by Nike during a 1996 football sponsorship deal with Brazil for evidence of any wrongdoing, the Wall Street Journal has reported.

The US newspaper said that allegations of corruption surrounding Nike's $160 million agreement to sponsor Brazil's national team are are discussed in barely veiled terms in the Justice Department's indictment of officials in soccer's governing body, FIFA

The indictment describes a multinational US sportswear company that struck a deal to sponsor the Brazilian federation, and then cut a side deal with a sports-marketing middleman, who allegedly used payments from the company for bribes and kickbacks, the Journal reported, adding that the people "familiar with the matter confirmed the company is Nike".