— This is the script of CNBC's news report for China's CCTV on June 16, Tuesday.
Welcome to CNBC Business Daily, I'm Qian Chen.
The scale of FIFA's excesses were highlighted on Wednesday when a study of salaries showed that employees at soccer's world governing body received wages that were 34 percent higher than the average hedge fund trader.
"The abyss between FIFA and the average NPC (non-profit company) is simply staggering, beyond the simple fact that FIFA employees made more than traders, who are often pointed out as the epitome of greed."
Soccer's world governing body - which has been plunged into crisis by allegations of corruption - says it is a non-profit organization. But Emolument found that FIFA salaries were 3.7 times higher than the $66,000 average salary in not-for-profit organizations.
The average salary of FIFA employees also puts it ahead of its European counterpart, the Union of European Football Associations (UEFA), which pays workers an average of $177,000 per annum.
"Financial industry professionals must be breathing a sigh of relief that FIFA remuneration is hogging all the limelight," Alice Leguay, co-founder of Emolument, said in a press release.
FIFA employees averaged a yearly salary of $242,000,
25 percent higher than the $194,000 commanded by traders at banks and 34 percent more than the $180,000 earned by employees at hedge funds, according to salary benchmarking website Emolument.
Emolument analysed data from 2,700 employees who worked in banking, hedge fund and non-for-profit-corporations. Figures for FIFA came from its yearly reports.
CNBC's Qian Chen, reporting from Singapore.
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