World soccer's governing body FIFA began talks Tuesday to select the next president and deal with financial issues confronting the world soccer body at the 53rd Ordinary Congress and an extraordinary assembly. The Ordinary Congress, to be held over the next two days, was convened at the convention center of the Seoul Hilton Hotel in downtown Seoul. As required by FIFA statutes, organizers for the event released a report for the Consolidated Financial Statement for 2001 and detailed budget for 2003 as well as the budget summaries up to 2006. Besides reviewing FIFA's financial conditions, 199 representatives from FIFA's member states will be given the right to vote for the next president. FIFA presidents are elected to four-year terms and are elected by direct ballot by the 204 member countries. FIFA, however, said that the five national associations of Niger, Djibouti, Cape Verde Islands, Turks and Caicos (CONCACAF) and Afghanistan would not be able to exercise their voting rights because they have failed to participate in at least two of any FIFA competitions over a period of four consecutive years. The presidential election to take place on Wednesday is particularly noteworthy since the outcome is currently up in the air due to the standoff between those that support Sepp Blatter, the current FIFA president, and Issa Hayatou, head of the African Football Confederation (CAF).