stion by eyewitnesses. would we have won the world cup without accessing allocated money to the caribbean? certainly yes. as you are aware, and as you look at the voting patterns, you will see that we did not get all votes, we only got two of the three.

so we would have still won. in any case, we still allocated reserves to the african continents despite the fact that there are some african countries that did not vote for us here at -- for us. with certainty, the money had never been tied to the issue. the money has always been intended as a legality, and there is a key distinction between bribery and contribution in terms of your own policy. those that respond in spots, the companies, i expect them to lose certain things, whether to wear their logo and so on but they do expect to do something in return for what has been done. in either case it is the simple

issue of not attaching in a condition to the issue of support. -- the decision was made that this would be an african world cup. so whether we would get votes from africa, the money would still have gone anyway, so i do not think that is any doubt from where the south african government is sitting. we are right clear of that. secondly, the issue of as to win by the bbc, when was this decision made, you have seen certainly as early as 2000, the decision was taken. it was always understood that there would be money allocated for literacy. the issue of as much of the other towns of london raises this issue that suggests it

only appeared on the internet, i am sure that many other programs have delivered on the african continent because many of them -- you never wrote about them. no no, -- can you wait? the key issue that we have at all times have outlined from 2011 it would not only benefit the african continent but would also benefit the entire ds for a. so i wonder why we are being asked for a statement. we repeat to show you that that was the public and the media was there.

does it make headlines? didn't say the south african government is committed even after the ds fordiaspora? [indiscernible] through the public and through the media. i wonder how many journalists have read this report. in that report was adopted by a cabinet to raise the report, so i doubt why because you simply have not read about it, and neither of the norse -- news have picked it up. the issue of what has been raised, whether we have dealt ourselves, the terms of london. look there is protocols.

there are portal. even fever itself -- even fifa itself, and i'm sure you are aware about that. plainly explained about how the relationships, and that is why i released a statement, clearly indicating that the oaa, or the organization agreement, between the national football association and feet -- and football, is south african officials dealt with jerome falco and fifa officials, it would have delivered the world cup, and i should be understood that south africa had been the government together with the association dealing with this, and again crossing borders between asking fifa and even for

many countries u.k., there would have been plenty of correspondence and loads of loads between them and vice versa, so it is not mean does not necessarily suggest any correspondence between the country and fifa. host: you are listening to south african officials there including the south african sports minister giving a press conference in johannesburg linked of course to those fifa corruption allegations that happen spiraling around the world since last week. south africa again they are denying that it can't -- denying that it payment was made to fifa vice president jack warner during south africa's successful bid for the 2010 world cup.

let's bring our cell phone and correspondent. aisha? aisha: fikile mbalula is sticking to his guns. he is saying this was not a bribe, it was money always intended to go there, they even paid a trip by the former president who said that south africa winning the 2010 world cup with never intended only to benefit south africa, but it success was meant to benefit the african continent as well as the african diaspora, and they had a payment to the caribbean football association to benefit that association and a development fund, so mr. bmbalula

saying this was a payment always meaning to go to the football association, and it was definitely not a bribe by the south african football association, and also not a bribe by the south african government. gazpromgenie: ayesha, do the journalists seem to believe what the south african sports minister is trying to convince them of? ayesha: i think the problem started when the scandal broke. it was only on the weekend when the south african football association president came out unexpectedly and said yes, an amount of $10 million u.s. was indeed paid to jack warner's organization, but this was not a bride, it was a payment into a development fund, so then fikile

mbalula came out and said he was corrected by the payment, but that it was not a bribe. some journalists are thinking there is something fishy going on here because of the official silence i the south african government, but the minister of sport is saying that this was never an issue for the government. it was always an issue between the south african football association and fifa. the minister also went out of his way to say that he can only talk about south africa's involvement with fifa and the 2010 football, south africa winning the football competition. genie: all right ayesha, thank you, ayesha ismail reporting from south africa. this web has been surrounding fifa since last friday.

in another development we are that the international police agency interpol has issued international wanted persons alert for two fifa persons including former vice president jack warner. the so-called red notices came from u.s. authorities who are leading the pro corruption probe into the football body. concacaf president, another out for nicolas leoz, and a member of the fifa executive committee. all of those developments come after that shock news tuesday that the newly elected fifa president sepp blatter what step down. yes, charged so far, but sources close to the case say he is also being investigated into that probe that brought several fifa officials into custody.

correspondent: for many in the football world, it is a long overdue -- sepp blatter: even though i have been overwhelmingly reelected, this mandate does not seem to be unanimous in football. correspondent: days after he defiantly won reelection, sepp blatter's decision to leave came as a surprise. >> today he resigned. you have to at the very least wonder why. correspondent: it was now the focus of the u.s. justice department's corruption investigation. he newspaper said the fbi is hoping to use testimony from some of the fifa officials arrested indirect last week to build a case against blatter. on monday, before blatter's announcement, the "times" had

reported that his right-hand man was under investigation for a series of payments believed to have been bribe for south africa's 2010 world cup bid. fifa denied it, but then a letter merge implicating him. one official says he believes the letter was a tipping point. it was getting too close for the fee for president, he said. an unexpected announcement of what that blatter's critic has welcomed as the institution tries to rebuild its shattered reputation. genie: sepp blatter has rolled football governing body for the past 17 years, and for many football fans today, he is the only fee for president they have ever known. here is what some of them had to say on hearing that he was stepping down. >> if he goes, i think a bunch of top-flight fifa members will go. i think that cleans it up from the top as opposed to the middle

level. and that culture i think will be eradicated in a few years. >> at some point, you have to leave the position to someone else who will clean up fifa and get rid of the corruption from this federation. >> i do not think the corruption will end completely, but i hope that the change with sepp blatter's recognition, there is a possibility that something can improve, at least as far as corruption goes. i think so. >> i have heard that this was initiated by america. they have started a scandal. but of course it is not right. they should not interfere with such things. but is a good or bad? that is not up to me to judge. genie: sepp blatter's decision to resign came days after he was reelected to a fifth term as fifa president. a new vote to replace him will have to be held by an extraordinary congress, but that

bubbly will not be before next december -- but that probably will not be before next december or march. take a look at possible candidates. >> within hours of sepp blatter's surprise announcement, the football world's attention turned to who would be taking his seat. leading the seats, the boss of the powerful uefa, a man many have held as the best candidate. >> if there's one candidate who stands out, it is him because he has experience. >> the 59-year-old football legend, was a staunch opponent of latter, called for his reelection. platini announced in august now is not my time. the other likely candidate is the man who actually ran against blatter this time around prints ali of jordan.

soon after blatter's announcement, he hinted he could run again. the 39-year-old received the support of three federations in friday's vote, pushing blatter to a second round before throwing in the towel. two other former candidates have also hinted at a potential run. including the president of the dutch football association dropping out of the race to support france ali. whoever emerges as the strongest candidate will have to build a consensus from among the world's 209 football federations. genie: meanwhile, the head of uefa has scrapped a meeting planned for saturday. uefa president, of course, is michel planitini, who could be a contender to place -- to replace

sepp blatter. stephen carroll is here. stepping away from the football world, it is like some progress is finally making way with greece. stephen: first of all, let me tell you that the greek prime minister, alexis tsipras, is going to brussels today. you will be meeting with jean-claude juncker, and they are holding a conference call with francois hollande and angela merkel. he sent greece's creditors what he is calling a realistic proposal for those reforms. the greeks have their own plan on the table, although the prime minister says he has yet to receive it. 7.2 billion euros of greece's bailout loans, the commission is playing down expectations of today's meeting. they are not expecting a final deal today. both sides acutely aware that greece has appealed as has agreed to pay the irs 300 million euros, and they will not make that payment unless a deal is done -- to pay the imf 300

million euros and it will not make that payment unless a deal is done. let's talk about greece. debt talks have been going on for months. are the markets expecting another greek cliffhanger? guest: i am really leery when it comes to greece. greece is running out of options, time, and excuses. their banks deposits are literally bleeding and even yesterday we have seen a headline that the ecb has actually increased 500 million. stephen: funding to the banks? naeem: absolutely. what i'm really worried about is the july 20 deadline. that is the payment for the ecb. this is a payment for ims, and imf has a last-ditch approach

when it comes to greece, but whether ecb will do that, that is a completely different west and because -- a completely different question, because, stephen, the imf and the ecb -- stephen: they are holding up the banks, is what you are saying with the emergency funding. naeem: absolutely. the $3.5 billion, which they need to pay in july, will also be possible. i think it is very important because they have lost enormous amounts of time, and that has taken in a massive toll on the market itself. stephen: if you are worried, we are worried, so we are looking forward to july. another meeting is taking place the european central bank. we've seen already the sort of upturn in the euro zone economy since the central bank started pumping more money into the eurozone. the good news for european

governments, should we be thinking mario draghi for all of this? naeem: we should be thanking the bond, the ecb quantitative easing. yes, there is a major question, one mr. draghi is going to be facing, number one we need to hear something about the bond yield because as you remember, we had a massive rat in the bond yields and mario draghi has not said anything very clear about this, ok, how is it going to react, because ecb qe has -- as you said, it is hard to get growth in the eurozone, and this is one of the reasons, along with many other reasons, such as repositioning and the lack of liquidity in the bond market which actually started everything, but the primary element or the denominator remains ecb qe, which has produced growth in the eurozone and then we had the bond yields going up. stephen: and another big factor helping those things along.

naeem: absolutely. if you look at the core part of the inflation, you see the elements of oil, which has stricter weight. at the front end of that curve is steep that means ok, the oil price has gone up and is making less impact on the ecb qe, which is very important. one we need to hear about number one, is inflation because ecb has said ok, they are forecasting 0% in the third quarter of this year, but it is already gone up, and the need to upgrade the forecast. secondly, we think that the qe program is going to stay as it is, so they will not be making any changes, however an important element is that they are going to do adjustments. this is one important element they are going to be talking about. if you look at the purchases they have done in april and march, they have not actually gone up that much.

that means this is the month where they can frontload everything, and that could take a toll on the euro. stephen: we will see how that plays out. naeem aslam, thank you very much. let's look it european markets not to upset about greece. we are seeing european markets trading just slightly up at this point in the trading day. carteret at .7%, but no grace on the markets. genie: stephen, we know there is no thing as a free lunch, but you know about the most expensive lunch out there. stephen: yes, billion or investor warren buffett does this every year, a charity event. sbids started $25,000. 1.2 million dollars. he set a record in 2012 at almost $3.5 million, so you will have to see how high it goes this time. mr. buffett will not answer any

question except what he plans to invest in, so the winner gets to take himself and seven friends to lunch at a new york steak house, and all the proceeds go to the charity glide. genie: i hope they are eating everything covered in gold. thank you very much, stephen carroll. now time for the press review. florence florence villeminot is with us on the set to take a look at the papers today. hi, flo. lots of focus on a shock resignation of sepp blatter, the man who ruled fifa for 17 years. florence: almost surprising because he was just reelected on friday. from defiance to defeated in four fateful days. something happened between friday and tuesday, says the "new york times." what sent him running to the hills, what created such a seachange? genie: that is the

million-dollar question. what are the papers say? florence: it is quite mysterious. some poke fun at the situation. a monthly magazine here in france focused only on soccer, and they promised the real reason for his resignation. bear in mind, it is quite fictional. they say one of the reasons can be defined -- divine intervention. they say perhaps in the middle of the night, god visited sepp blatter and told him to put football first. the criticism, the calls for him to resign, decided to troll everyone in resign after being elected, but the real reason can be summed up on the main sports daily here in france for stopping of one word on their front page, "accule," which means "cornered," and it quotes an article from the "know your times," and this is an article

that will be getting a lot of attention today," sources that say essentially the fbi for the investigation into fifa corruption has been extended to bladder personally, and this has been the final straw for him. genie: -- extended to blatter personally, and this is been a final straw for him. another says goodbye, presidents with an exclamation mark. they're are quite happy about this. the most happy are british tabloids. they have been giving blatter a major roasting. check out the "son" today. "got him." the "daily mirror" agrees and says "it is a great day for football." i also pulled out this one, they

have a good headline, it says "blatt's all." genie: he is going to stay in place until this extraordinary congress which will not be held until the and of the year, early next year at the earliest. the biggest question is who will be his successor? florence: that is right, who will succeed sepp blatter? take a look at the front runners, the challenger, prince ali bin al hussein, the jordanian prince, who ran a very good campaign against sepp blatter on friday, but he lost, but he has about as to run again. and you have the insider michel platini. he really lead the revolt against sepp blatter, a really good candidate is a really good chance as well. the article without that what fifa really needs is a complete housecleaning and restructuring and the best person to do that might be a complete outsider

somebody u.s. no skin in the game, especially someone who has no backs that they nee

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