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FIFA welcomes decision of auditor KPMG to resign duties

Related Topics: KPMG, Auditor, FIFA, Resignation

ZURICH -- FIFA says it welcomes a decision by its long-time financial auditor KPMG to resign.

The break in a decade-long relationship was announced on Monday months after KPMG said it would review its work with the scandal-hit world football body.

In a statement, FIFA said it "welcomes this change as it gives the organisation the opportunity to work with a new audit firm."

It also noted "serious allegations involving financial transactions outlined by the Swiss and U.S. authorities" who are investigating corruption implicating top football officials worldwide.

In a wide-ranging reform of its management structure, FIFA is looking to appoint a new auditor plus hire finance and compliance officers.