At least six high-ranking FIFA executives including the vice-president were arrested Wednesday morning during a dramatic dawn raid at a five-star hotel in Switzerland over allegations of bribery totalling more than £60m over the past 25 years," various media reported.
More than a dozen plain-clothed Swiss police officers arrived unannounced at the Baur au Lac hotel in Zurich at around 6am before storming the rooms where senior officials from the world football's governing body were staying, according to The Mail.
Members from the executive committee were then led away by police through the side exit of the hotel, with many using bedsheets to shield themselves from the public eye.
The timing of the arrests was explosive – coming just two days before the FIFA presidential election, which has already been dogged by controversy and claims of corruption.
Sepp Blatter, who is widely expected to win a fifth term at the helm, is now actively lobbying for a postponement of Friday's ballot, according to FIFA insiders, although this is expected to be opposed by his one and only opponent, Prince Ali Bin al Hussein of Jordan.
The most significant arrest was that of Jeffrey Webb, the vice president of the executive committee, who has previously been hailed by Blatter as a potential successor.
Among the other FIFA members arrested in the dawn raid were Eugenio Figueredo, the Uruguayan football executive who was due to stand down from the world governing body after Friday's election.
Other officials held by Swiss police include Eduardio Li, President of the Costa Rica Football Association.
Former vice-president Jack Warner was also arrested in relation to corruption in the bidding process for the 2022 Qatar World Cup.
Although Swiss authorities said six officials had been arrested, the New York Times reported that 14 officials had been charged on the U.S indictment.
Other suspects named include Julio Rocha, Costas Takkas, Rafael Esquivel, José Maria Marin and Nicolás Leoz.
The paper also reported that charges are expected to be brought against a number of sports-marketing executives who allegedly acted as intermediaries to facilitate illegal payments.
They include Alejandro Burzaco, Aaron Davidson, Hugo Jinkis and Mariano Jinkis.