Argentine justice is investigating a contract between the Argentine Football Association (AFA) and TourProdEnter LLC, linked to theater producer Javier Faroni. The contract allows the company to receive 30% of the income from international commercial deals without effective intermediation in agreements with sponsors like Adidas, allegedly limited to issuing invoices. This scheme, described by experts as a possible fund triangulation, has led to accusations of multi-million-dollar diversion to private coffers, potentially constituting money laundering. The agreement, signed in December 2021 by AFA President Claudio 'Chiqui' Tapia and Executive Secretary Pablo Toviggino, granted TourProdEnter exclusivity to manage sponsorships, events, and overseas collections until 2026, with a 30% commission on revenues plus 10% for operational logistics. Judicial sources estimate the firm has handled over $300 million since then, with fragmented transfers to accounts in Miami, Uruguay, and Paraguay, without proving participation in key contract negotiations. Critics, such as businessman Guillermo Tofoni, have publicly questioned the commission's justification: 'You don't pay for anything, just for billing.' Faroni, a former provincial deputy and political ally of Sergio Massa, stated he operated under AFA leadership directives, but he has been summoned to testify in cases involving fund diversion, including $109 million not remitted directly to the association. The AFA defends the contract as a standard mechanism for international promotion and billing, though sponsors like Socios.com have reported irregularities in the triangulations. This case exposes vulnerabilities in the management of Argentine football business, affecting clubs with growing debts and questioning the transparency of a key national sports entity.
