Corporate governing documents and best practices require that resolutions be passed and only after board level scrutiny.

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Based on the preferences contained in the governing documents, the entity allocates items of income, deduction, loss, and credit between the classes.

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The job is even tougher because the documents governing a CDO are vague and contradictory about when the different tranche holders get paid--and how much--if it defaults.

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In attempting to verify these documents -- from FIFA, the various federations and clubs involved -- only the world governing body and the Belgian FA responded directly to CNN's request to confirm their authenticity, while a professional Belgian referee confirmed that the Anderlecht team sheet was the type of paperwork used in Belgian football.

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