Jules Rimet of the Fédération Internationale de Football Association (International Federation of Association Football, commonly abbreviated to FIFA) in 1904, and, while the fledgling organisation had plans for a global professional tournament, it instead was involved in running an amateur tournament as part of the 1908 Summer Olympics. The First World War put Rimet's and FIFA's plans on hold. Rimet served in the French Army as an officer and was decorated with a Croix de Guerre. Following the war in 1919, he became President of the French Football Federation, and then President of FIFA on 1 March 1921. He would hold the
FA Cup to the FA's long-serving president Lord Kinnaird. Kinnaird died in 1923, and his family kept it in their possession, out of view, until putting it up for auction in 2005. It was duly sold at Christie's auction house on 19 May 2005 for £420,000 (£478,400 including auction fees and taxes). The sale price set a new world record for a piece of football memorabilia, surpassing the £254,000 paid for the Jules Rimet World Cup Trophy in 1997. The successful bidder was David Gold, the then joint chairman of Birmingham City; claiming the FA and government were doing nothing proactive to