It was confirmed on Saturday that Britain's David Will is to head a six-man audit committee to look at Fifa's books and investigate the collapse of former marketing partners ISL.

But Blatter said the committee, which is to report back by 30 April, would not have the scope to inquire into allegations that his supporters paid cash for votes in his 1998 election.

He also said the committee would not look into financial matters "at a presidential level".

"Allegations have been made in 1998 which have been the subject of inquiries and in court," said Blatter.

"These have been settled and I am not going to give a platform to those who doubt the correctness of my election in 1998.

"If somebody has to make remarks or disapprove of the president it is the Congress and not the audit committee.

"I have nothing to hide. We have nothing to hide. We work with such a transparency in Fifa."

The six-man audit committee - which Blatter insisted was his idea - will be chaired by Will, Fifa's Scottish senior vice-president.

The other members are Chung Mong-joon (Korea), Slim Aloulou (Tunisia), Basil Scarsella (Australia), Chuck Blazer (USA) and Ricardo Terra Teixeira (Brazil).

The first three are among the group who pressed for the investigation while Blazer and Teixeira are said to be in Blatter's camp.