On Wednesday, Herbert Hainer, CEO of the German group, suggested for the first time that there is a chance of the sports outfitter cutting its ties with FIFA, which is now enmeshed in a gigantic corruption scandal.
Soccer world body FIFA is giving 48 Swiss watches worth up to $25,000 each to a children's soccer charity after a year cajoling officials who received them from Brazilian soccer authorities to give them up.
The corruption scandal engulfing soccer's world governing body FIFA is not tarnishing the image of its long-standing sponsor Adidas, the chief executive of the German sportswear company said on Thursday.
World soccer chief Sepp Blatter and European boss Michel Platini were suspended on Thursday, engulfed by a deepening corruption scandal as their sport faces criminal investigations in Switzerland and the United States.
Investors in Adidas are increasingly worried that the FIFA scandal risks tarnishing the sportswear brand after the company declined to join other sponsors in demanding the immediate departure of President Sepp Blatter.