UAF statement regarding preliminary results of independent audit

The Ukrainian Football Association has published preliminary results of its activity review for the years 2015–2023, conducted by the independent audit firm AC Crowe Ukraine. In January 2024, immediately after being elected president of the UAF, Andriy Shevchenko announced a comprehensive audit of the association's activities.

UAF statement regarding preliminary results of independent audit

The Ukrainian Football Association has published preliminary results of its activities review for the years 2015–2023, conducted by independent audit firm AC Crowe Ukraine. 

In January 2024, immediately after being elected president of the UFA, Andriy Shevchenko announced a comprehensive audit of the association's activities. Now, its first results are known; the final document is expected to be completed within three months. 

At this stage, AC Crowe Ukraine has identified asset outflows from the UFA in the amount of 1 billion 342 million 900 thousand hryvnias. The main losses were caused by operations with offshore companies, loss of funds due to deposit usage, and expenses related to overvaluation of purchased goods/services.  

The presented data is preliminary and subject to final approval. Final results of the review will be published after analysis completion. 

* AC Crowe Ukraine — an independent audit firm, member of international audit network Crowe Global, which is the eighth largest global audit network in the world. This network consists of independent audit and consulting firms in over 150 countries with 798 offices. AC Crowe Ukraine is a representative of this reputable network that demonstrates the highest standards of quality work and provision of high professional services.