OREANDA-NEWS. March 10, 2010. BDO (Russia) will support the Bid Committee “Russia 2018/2022” in the FIFA bid to win the right to host the 2018/2022 Football World Cup. The company has signed an agreement with the Bid Committee which provides for substantial consulting support including in the areas of management and finance, reported the press-centre of BDO.

Alexey Sorokin, CEO of the Bid Committee and the Russian Football Union (RFU), stated: “The compilation of the comprehensive bid documents as well as the coordination of our work with a large number of private and governmental stakeholders require a great deal of legal, financial, auditing and consulting expertise. With BDO in Russia the Bid Committee can count on such highly specialized know-how in these crucial areas.”

Mikhail Grishakin, Managing Partner of BDO (Russia): “BDO is honoured to associate itself to the Russia’s bid for the most important single sports event in the world by making its extensive audit and consulting experience and know-how available. Today, sport in general and football in particular also require such services, and we are pleased to be at the forefront of this domain. BDO’s professional interest towards this project is conditioned by long-term partnership relationships with the Russian Football Union alongside with the proven experience of consulting support to bid campaigns held under the auspices of international sport federations and the International Olympic Committee. Wide regional coverage of BDO in Russia is also an important factor, as the preparation of the Bid Book will require taking into consideration interests of 12 Russian Federation Regions.

Currently, BDO (Russia) is and official consultant for the Bid Committee “Russia 2018/2022”, a sponsor of the Russia’s picked football team and an official RFU partner and auditor. BDO (Russia) was a general consultant for the Sochi Bid Committee. Starting from 2003, the company has been an outside auditor for the RFU, as well as its consultant in the areas of accounting and taxation. It has also audited FIFA allocated funds used to develop football in Russia. As of 2004, BDO has actively participated in the licensing procedure for Russian football clubs under UEFA requirements. Integration into the international network will enable BDO in Russia to use best experience of BDO in other countries related to the fulfillment of similar projects.

We believe Russia will win the bid and we will be glad to continue our cooperation in organizing and holding this honourable football event with global impact.