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Transparency International has found that most fifa coins

Nov 19th 2015 at 9:05 PM

A new report issued by Transparency International has found that mostĀ fifa coins members make public very little information about their financial dealings. This comes as FIFA itself is engulfed in a major corruption scandal.

The vast majority of football associations that are members of FIFA, world football's governing body, are secretive about their financial dealings, potentially raising the risk of corruption, anti-corruption watchdog Transparency International (TI) said in a report released on Thursday.

The report comes asĀ struggles to put its house in order following criminal investigations against its officials in the United States and Switzerland. The world governing body on Wednesday rejected appeals by its president, Sepp Blatter, and UEFA President Michel Platini, to get their provisional 90-day bans over corruption allegations lifted.

The watchdog said more than four in five football associations have no financial records publicly available, and a similar number of associations do not publish accounts of their finances. In fact, 21 percent of the associations do not even have a website.

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