FIFA Sponsors Applaud Sepp Blatter's Resignation

03:44

June 03, 2015

FIFA President Joseph S. Blatter talks to the press during the FIFA Post Congress Week Press Conference at the Home of FIFA on May 30, 2015 in Zurich, Switzerland. (Alessandro Della Bella/Getty Images)

A day after announcing his resignation, Sepp Blatter was back at FIFA headquarters in Zurich, Switzerland today, he spoke with staff and the AP reports that he got a standing ovation.

His resignation yesterday was applauded by FIFA's sponsors, including Visa, Coca-Cola and McDonald's. CNN business reporter Maggie Lake tells Here & Now's Robin Young that while those sponsors are calling for reform at FIFA, not a single one has withdrawn its support for the organization during this scandal - considered the worst in FIFA's history.

Guest

Maggie Lake, business anchor and correspondent for CNN International. She tweets @maggielake.

This segment aired on June 3, 2015.