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Chung launches FIFA presidency bid

Paris - South Korean billionaire Chung Mong-Joon on Monday launched his formal campaign for the FIFA presidency with an outspoken attack on outgoing leader Sepp Blatter and a vow to fix the scandal-tainted world football body in four years.

"Today FIFA is undergoing a profound crisis. Under these circumstances, the FIFA president must be a crisis manager and a reformer," the 63-year-old Chung, a former FIFA vice president, told a press conference in Paris.

"The problem at FIFA is that those mired in corruption, the only thing they are interested in is hiding the corruption," he added.

"The real reason FIFA has become such a corrupt organisation is because the same person (Blatter) has been running it for 40 years. Absolute power corrupts absolutely."

Chung vowed that if successful in an election to be held in February he would serve just one term.

"I can change FIFA in four years. That is my pledge to football fans in the world."

UEFA president Michel Platini and Brazil football legend Zico have also announced they are candidates. Prince Ali bin Al Hussein, another former FIFA vice president from Jordan, is also considering a run.

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