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Football: Takkas pleads guilty to money laundering

Former Cayman Islands Football Association General Secretary Costas Takkas pleaded guilty today to money laundering conspiracy in connection with receipt and transmission of millions of dollars in bribes paid to former CONCACAF President and FIFA Vice President Jeffrey Webb.

According to court filings, Webb accepted a 3 million dollar bribe in exchange for his influence as a soccer official to award and enforce a contract granting two sports marketing companies the media rights to World Cup qualifying matches played by members of the Caribbean Football Union. Arrangements were made to funnel half the funds into Takkas front companies and accounts. Takkas then distributed these funds into Webb’s direction. Takkas faces a maximum 20 year prison sentence. Webb’s sentencing was delayed yet again at the beginning of this month until June after pleading guilty on November of 2015.

About the author

Jordan Armenise

Jordan Armenise

Jordan Armenise began his sports broadcasting journey with the Hamilton Tiger-Cats of the Canadian Football League (CFL). It was in this role where he was able to craft the immersive and enthusiastic approach to reporting, broadcasting and production you see here today in Cayman's sports community.

Jordan has also worked behind the scenes for a number of Canadian broadcasting & production companies such as CBC Sports, Cineflix Productions and Cream Productions.

Did he mention he was St. Clare of Assisi's 1994 Athlete of the Year?

Now dubbed 'The Sports Guy', Jordan relishes the role as Cayman 27 Sports Producer, where he can tell the stories of Cayman’s athletes. You can reach Jordan at or .

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