FIFA President Sepp Blatter criticized the IOC while defending his own organization against corruption allegations, saying that the Olympic body handles its finances "like a housewife."

Blatter has been a member of the International Olympic Committee since 1999. He says FIFA is more transparent than the IOC, and has also backtracked on plans to create a new anti-corruption commission.

He says "our accounts are open to everyone. ... The IOC does it like a housewife. She receives some money and she spends some money."

Blatter also says the IOC "has no transparency," and that any transparency was left to the Olympic-sanctioned sports themselves.