FIFA donates 48 confiscated watches to charity

Nearly 50 luxury watches confiscated from soccer officials who had received them as "gifts" ahead of the World Cup in Brazil have been donated to charity, FIFA's ethics committee said on Thursday.

The watches, estimated to be worth 25,000 Swiss francs ($24,400) apiece, were given to streetfootballworld, an international network of groups which uses soccer to help young people.

Ahead of last year's World Cup, the Brazilian Football Confederation handed out 65 gift bags each containing a Parmigiani timepiece to FIFA Executive Committee officials and members of the 32 competing associations.