Torneos y Competencias, one of the companies implicated in the ongoing investigation into widespread corruption at FIFA, have agreed to pay a total of $112.8 million (£91.7 million/€108 million) to settle charges.
The Argentine-based entity will forfeit $89 million (£72.4 million/€85 million) and will pay a $23.76 million (£19.3 million/€22.7) penalty as a result of their one count of wire fraud conspiracy.
The former head of the company, Alejandro Burzaco, pleaded guilty to charges of racketeering conspiracy, wire fraud conspiracy and money laundering conspiracy in 2015.
Torneos y Competencias, founded in 1982 and whose headquarters are in Buenos Aires, reached the agreement with prosecutors at a hearing at the United States Federal Court in Brooklyn.
The company’s general manager Ignacio Galarza said the deals mean they can "start to leave this investigation behind".
Internal compliance and control over accounting is now set to be implemented by the Argentine entity as part of the settlement.
The company were accused of soliciting kickbacks and bribes relating to marketing and media rights for major international football tournaments, such as the World Cups from 2018 to 2030.
The continuing criminal investigation in the United States, which has seen more than 40 officials indicted, largely centres on a total of $200 million (£162 million/€192 million) in bribes and kickbacks.
More than 40 officials and entities have been indicted on criminal charges in the United States.
Twenty people have pleaded guilty, including former Honduran President Rafael Callejas and ex-FIFA vice-president Alfredo Hawit.
Both officials were recently banned for life by FIFA’s Ethics Committee and are each facing jail sentences of up to 20 years.
The corruption scandal led to the departure of former FIFA President Sepp Blatter, with his successor, Gianni Infantino, claiming in an interview with Spanish newspaper Marca that the worldwide governing body had "regained credibility".
Infantino also says he has not forgotten the criminal probes in the US and in Switzerland, where FIFA are based, but stressed he is looking to the future rather than back at what has gone before.
"You don't forget about the past but you learn from it in order to avoid repeating the same mistakes in future," he said.
"There are still open investigations in the United States of America and Switzerland and FIFA are collaborating with them and helping as much as we can."