PwC Switzerland announced as the new statutory auditors of FIFA

The bureau of the FIFA Council has appointed PricewaterhouseCoopers (PwC) Switzerland as the organisation’s new auditors.

The world governing body of association football said it had conducted a “thorough, transparent and open selection process” in collaboration with a number of auditing companies.

The appointment of PwC will be valid until May 2017 initially, when the next FIFA Congress takes place. FIFA will then decide who the statutory auditors for the next three years will be.

“We are delighted to have appointed PwC, and we look forward to working with them as FIFA moves forward with its programme of reforms,” said Mr Infantino.

The previous auditor of FIFA was KPMG, who quit after more than 10 years vetting FIFA’s billion-dollar annual accounts.

During this time, there were many controversies and scandals relating to bribery, with former president Sepp Blatter among those investigated. Most recently, Markus Kattner was fired from his position as finance director and deputy secretary general, after an internal probe found him guilty of receiving millions of pounds in irregular bonus payments.

The organisation has been undergoing a number of reforms and overhauls as it looks to restore its standing after being rocked by such substantial corruption scandals.

PwC is one of the “Big Four” accountancy firms, employing more than 21,000 people in 64 offices in the UK, Channel Islands and Middle East. Based on revenue, it is the largest accountancy firm in the UK.