Nine current and former FIFA executives have been arrested and charged in Zurich following arrests on behalf of U.S. authorities.
The charges relate to corruption around the awarding of the 2018 and 2022 football World Cups.
In a statement, lead sponsor Hyundai has said it is “extremely concerned about the legal proceedings being taken against certain FIFA executives and will monitor the situation closely”.
Hyundai Motor joined other World Cup title sponsors in expressing its concern about the FIFA arrests. Coca-Cola said they had “tarnished” the World Cup and Visa expressed its “disappointment”.
Hyundai and sister company Kia first became involved with FIFA in 1999, with prominent involvement from the 2002 World Cup in Korea and Japan. It is a top-tier sponsor of the World Cup and Automotive Official Partner until 2022.
Hyundai supports all FIFA World Cup competitions, including the Confederations Cups, Women’s World Cups, U-20 World Cup and U-17 World Cup.