Should FIFA's Blatter stay or go?

With FIFA facing its worst crisis in its 111-year history, calls are growing for Sepp Blatter to step down as the president of soccer's governing body, which is holding elections on Friday.

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Blatter, who is seeking a fifth term at the helm, has said he will not quit, blaming the corruption and bribery scandal on a "tiny minority."

Around 200 FIFA members are voting on the next president of the organization on Friday, with the result due later in the afternoon.

Despite opposition from the European governing body of soccer, UEFA, support from Asian and African countries is likely to see Blatter - who has been head of FIFA since 1998 - get re-elected. His only challenger is Prince Ali bin al-Hussein from Jordan.

Swiss police on Wednesday detained high-ranking officials from the soccer governing body as part of a U.S. investigation into corruption. Meanwhile, a separate Swiss investigation was also launched in relation to the 2018 and 2022 World Cup bids.

FIFA President Sepp Blatter.
Fabrice Coffrini | AFP | Getty Images
FIFA President Sepp Blatter.

"Whether [Blatter] will go remains to be seen but the outside world and the anti-corruption committee has no doubt that corruption starts from the top," said Daniel Hough, director of Sussex Center for the Study of Corruption. "So he has to take moral responsibility, even if he does not take legal responsibility."

However, some feel that the withering attack on Blatter was overdone.

"The fact that [everyone] has jumped on him was to a certain extent a form of bashing [that's] probably motivated by some who are trying to block the elections," Jerome Champagne, former FIFA president candidate, told CNBC early Friday.