ISL collapsed in 2001 with debts of £153million.
In 2008, following a four year investigation by prosecutors in the Swiss canton of Zug, six former ISL executives, including the former chairman Jean Marie Weber, were accused of a series of charges including fraud, embezzlement and the falsification of documents.
ISL were established by former Adidas boss Horst Dassler, ISL were associated with FIFA, the International Olympic Committee and the International Association of Athletics Federations.
Court documents released in 2012 show that two FIFA executives, former president João Havelange and Ricardo Teixeira, received 41m CHF (£27m) worth of bribes from ISL between 1992 and 2000. Only 3m CHF of these were repaid.
- ↑ "Fifa president Sepp Blatter set for U-turn over bribes investigation". BBC News Online. 18 October 2011. http://news.bbc.co.uk/sport1/hi/football/15357180.stm.
- ↑ 2.0 2.1 2.2 "The £66m 'bribe' shadow hanging over Fifa". The Daily Telegraph. 13 March 2008. http://www.telegraph.co.uk/sport/columnists/davidbond/2294323/The-66m-bribe-shadow-hanging-over-Fifa.html.
- ↑ "Former Fifa president João Havelange 'received millions in bribes'". The Guardian. 2012-07-11. http://www.guardian.co.uk/football/2012/jul/11/fifa-joao-havelange-bribes-report.
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