Question with options: can we draw the following hypothesis from the context?

Context:

FIFA has received 11 bids to host the 2018 and 2022 FIFA World Cup tournaments, an international football competition contested by the men's national teams. The countries vying to host the tournament are Australia, England, Indonesia, Japan, Mexico, Qatar, Russia, South Korea and United States, who have individual bids and the joint bids are from Belgium-Netherlands and Spain-Portugal. Select bids are for 2018 and 2022 tournaments and two bids are just for the 2022 tournament. Qatar and South Korea are vying just for the 2022 tournament. The two winning bids will be chosen on December 2010 by the 24-man executive committee of FIFA. Said FIFA president Sepp Blatter: "We are very pleased about the fantastic level of interest in our flagship competition, with all initial bidders confirming their candidature."

Hypothesis: Sepp Blatter is the president of FIFA.
Pick your answer from:
[I] yes
[II] no
A:
[I]