Ex-Fifa chief Jeffrey Webb posts luxury goods to secure $10m bond

Former FIFA Vice President Jeffrey Webb.

Former Fifa vice president Jeffrey Webb has put up 11 luxury watches and other items to secure the 10 million dollar (€9229732.70) bond that provided his release from custody on racketeering and bribery charges.

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

He also put up his wife’s diamond wedding ring, three luxury cars – a new Ferrari, a 2014 Range Rover and a 2003 Mercedes-Benz – 10 properties and a 400,000 dollar (€369719.95) account in his wife’s name.

The US government noted that the Hublot has not yet been turned over to the FBI and must be provided by August 2.

The list came after Webb appeared before a US judge on Saturday to enter a not guilty plea in a massive corruption case that has rocked international football.

Six more Fifa officials are charged and are fighting extradition.

Webb, 50, surrendered three passports – two from the United Kingdom and one from the Cayman Islands – and will be required to wear an electronic monitoring device as a condition of his release.

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