Blatter staying put

Deadly rivals: Johansson and Blatter

Fifa president Sepp Blatter says he will not be resigning following the collapse of the football governing body's marketing agents (ISL) and the cancellation of the World Club Championship.

Football's most powerful administrator was under increasing pressure to sort out his organisation's finances - or quit.

But Blatter confirmed he will be staying in his present role and refused to call an extraordinary meeting of Fifa's executive committee.

Uefa president Lennart Johansson wanted the meeting called for Blatter to explain the impact of ISL's bankruptcy on soccer's ruling body.

Johansson said it would be "for his (Blatter's) own good and the good of football".

ISL, Fifa's marketing partner for more than 20 years, was declared bankrupt by a Swiss court last week with estimated debts of around one billion Swiss francs (£700m).

Following a meeting of Fifa's finance committee in Zurich on Friday, Blatter said Fifa was checking whether 75 million Swiss francs (£30m) paid to ISL by Brazilian broadcaster O Globo had been improperly diverted.

Blatter added that the marketing problems would have no effect on the 2002 World Cup in South Korea and Japan.

German media giant Kirch are expected to pick up the television rights for the 2002 World Cup formerly held by ISL.