FIFA’s Jeffrey Webb secures bond using luxury watches, cars

He agreed not to associate with FIFA, CONCACAF, South America’s governing body or any of his co-defendants and co-conspirators.

According to an order filed Monday setting the conditions for release, Webb secured the bond with a five Rolex watches plus a Cartier Roadster, Hublot, Breitling, Panerai, Royal Oak Offshore and Luminor Marina.

Webb’s lawyer, Edward O’Callaghan, did not comment after the hearing.

As a condition of his bond, he must reside within 20 miles of U.S. District Court in Brooklyn and is paying for electronic monitoring and home detention.

Webb was one of seven soccer officials arrested in Zurich on May 27, two days before FIFA’s annual congress, as authorities unveiled a case that roiled the soccer world.

Webb, from the Cayman Islands, also provided a $400,000 (£256,000) account in the name of his wife, Dr Kendra Gamble-Webb. He did not speak except to say “Yes, your honor” when the judge asked if he understood the charges.

Fourteen people were charged by federal prosecutors in New York following a three-year investigation by the FBI that resulted in a 47-count indictment of current and former high-ranking officials including Jeffrey Webb, Eduardo Li, Julio Rocha, Costa Takkas, Jack Warner, Eugenio Figueredo, Rafael Esquivel, Jose Maria Marin, Nicolas Leoz and sports marketing executives Alejandro Burzaco, Aaron Davidson and Hugo and Mariano Jinkis.

Webb promised reform when he was elected in 2012 to succeed Warner as president of CONCACAF. He agreed to pay the cost for a private security firm to conduct around-the-clock monitoring of his whereabouts. Four others have pleaded guilty. The payments were tied to the award of broadcasting and hosting rights for the World Cup and other tournaments.

The official, who initially had contested his extradition, agreed to be extradited on Thursday. Federation Internationale de Football Association sponsor Coca-Cola is pushing for an “independent, third-party commission” to investigate corruption charges within the sport’s governing body.

Later in the day, McDonald’s, another soccer sponsor, publicly rebuked FIFA for internal controls that they said were inconsistent with McDonald’s standards.