The chairman of the London 2012 Olympics has agreed to oversee the watchdog that will judge all cases alleging conflicts of interest and breaches of FIFA rule

"We have found an outstanding personality in the world of sport, a great personality in the Olympic Movement," said FIFA President Sepp Blatter, announcing the decision in Zurich today.

"Sebastian Coe will be the chairman of this Committee.

"He has total integrity and will have total independence.

"To have someone from outside of football means he has no links with the football family and he has an ethical approach to sport.

"It is perhaps a surprise but it has been very well received."

Coe said in a statement: "I am delighted to have been selected to this important role.

"Inspiring young people into sport is a personal passion of mine. To do this, we must protect and promote the ethics and morals of sport for future generations.

"My role as chairman of London 2012, as IAAF (International Association of Athletics Federations) Council member, as a member of UK Athletics Council and as chair of FIFA's Ethics Committee, will involve me in this area at the very highest level of sport."