The Olympic Council of Ireland have been criticised in a report compiled by Deloitte ©OCI

A draft report into the governance and management of the Olympic Council of Ireland (OCI) has reportedly called for term limits for senior executives.

The report, seen by The Irish Times, is understood to have found the OCI has inadequate audit functions, is not transparent and pays little or no attention to ethical functions.

It also is thought to claim that the organisation had no strategic plan for what it was meant to achieve.

The report proposed no member of the Executive Committee should serve more than two four-year terms.

It also claimed there is "strong evidence" that limiting terms "prevents the dominance of one viewpoint or mode of thought".

The OCI Executive Committee discussed the report in Olympic House in Howth last night.

After the meeting, it said it will review the draft independent report into its governance for factual accuracies over the next few days.

The report, carried out by Deloitte, was commissioned following alleged mis-selling of tickets for the Olympics in Rio de Janeiro, which led to OCI President Patrick Hickey being arrested by Brazilian police on August 17.

He is currently not allowed to leave Brazil as he has had his passport confiscated. 

Patrick Hickey has President of the Olympic Council of Ireland since 1988 ©Getty Images
Patrick Hickey has President of the Olympic Council of Ireland since 1988 ©Getty Images

Hickey temporarily stood down from his role as President of the OCI - a position he has held since 1988 - following his arrest and has reportedly been charged with criminal organisation, ticket touting, ambush marketing, larceny, money laundering and tax evasion.

The 71-year-old could face up to seven years in jail if he is found guilty.

He has denied all the charges. 

In a statement following discussion on the Deloitte report, acting OCI President Willie O'Brien said the report was circulated to the Executive Committee for the first time yesterday and will be reviewed over the coming days.

He said Deloitte will then finalise its report, which will be published soon after.

The statement also said once the independent Grant Thornton report into ticketing arrangements at Rio 2016 is completed, it will be sealed and passed directly to Judge Carroll Moran to consider as part of his non-statutory inquiry.

The OCI claimed it will at no point see it but it expects the competed report to be with the judge by November 15.