The FA can today confirm that it has appointed Quest Limited to undertake its audit of a selection of transfers.

Quest will be engaged with immediate effect and will initially review transactions from the January transfer window. They have also been tasked with conducting an audit of the 2008 summer transfer window.

Quest were appointed after a tender process involving other professional services firms, and were chosen for their significant recent experience of working in football and in particular, their knowledge of the mechanics of the football transfer market.

FA Director of Governance Jonathan Hall said: "We are very pleased to have engaged Quest given their excellent credentials and experience.

"However, this transfer audit is a very different undertaking to their previous inquiry carried out for the Premier League. It will focus specifically on reviewing The FA's processes in respect of the new Agents Regulations, assessing compliance with FA Rules and identifying any areas of poor practice within the industry."

Along with the launch of the new Whistleblower telephone line, these measures form part of The FA's enhanced regulatory capacity, including extra resource in the Financial Regulation department, upgraded database systems, an information hotline and tailor-made guidance notes based around the new Football Agents Regulations.