Notification of the UAF regarding the preliminary results of the independent audit

18.04.2024 15:48

The Ukrainian Football Association published the preliminary results of the audit of its activities for 2015-2023, conducted by an independent auditing company AC Crowe Ukraine. 

In January 2024, immediately after being elected to the post of UAF president, Andriy Shevchenko announced a comprehensive audit of the association's activities. Its first results are now known, and the final document should be completed within three months. 

At this stage, AC Crowe Ukraine detected the outflow of UAF assets in the amount of 1 billion 342 million 900 thousand UAH. The main losses were caused by operations with offshore companies, losses of funds due to the use of deposits, costs associated with overestimation of the cost of purchased goods/works/services.  

The given data are preliminary and subject to final approval. The final results of the inspection will be made public after the analysis is completed. 

* AC Crowe Ukraine — an independent auditing company, a member of the international auditing network Crowe Global enviroment, which is the eighth largest global audit network in the world. This network consists of independent auditing and consulting firms in more than 150 countries of the world and has 798 offices. AC Crowe Ukraine is a representative of a network with an impeccable reputation that demonstrates the highest standards of quality work and the provision of highly professional services.