FFA chief David Gallop says the 10 people arrested for alleged match-fixing are potentially facing worldwide lifetime bans.
In a press conference on Sunday afternoon, Gallop confirmed that nine players and a coach from VPL side Southern Stars - a team based in Melbourne's south-east - had been arrested by Victorian police earlier on Sunday following an investigation into match-fixing.
The arrests were made after FFA received data on suspicious betting patterns involving the Southern Stars last month, with Gallop saying the association immediately contacted Victorian police.
And, in what may be the biggest match-fixing scandal to hit Australian sport so far, members of the Purana Task Force and the police's Sporting Integrity Intelligence Unit swooped early on Sunday morning as they busted the alleged ring by making 10 arrests.
According to police media, the majority of the players arrested were from the United Kingdom.
"Integrity measures put in place by football have been effective in detecting this activity," Gallop told reporters.
"Nine players and a coach are now likely to face the courts.
"From the FFA's point of view we'll initiate proceedings under our own codes of conduct.
"You can be sure that we will throw the book at them.
"That means life bans on a worldwide basis."
According to the police, those arrested are expected to face match fixing charges, which can attract a maximum 10-year jail term.
Gallop confirmed that much of the money betted on Southern Stars matches originated from overseas, with police media saying more than $2 million dollars of estimated betting winnings have been connected with the team.
"We were tipped off by our monitoring service, Sportsradar," Gallop added.
"They scrutinise betting patterns across Australian football and a number of other sports and they brought this issue to our attention.
"It (Sportsradar's scrutiny) goes down into any matches that are able to be bet on.
"Probably fair to say that this highlights the fact that lower league games, which aren't under the scrutiny of things like a global television broadcast, are potentially more susceptible to this kind of activity.
"(But) at this stage the police have indicated to us that they are looking at an isolated issue in Victoria and we need to be guided by the police in that regard."
The arrests are just another chapter in a poor year for Australian sport in terms of being connected with crime.
In February the Australian Crime Commission (ACC) released their Drugs in Sport report detailing how the use of performance-enhancing substances by players in various codes could make them vulnerable to being targeted by crime organisations keen to fix matches.
At that stage, the ACC revealed that AFL and NRL were the only codes being investigated.
Gallop, though, refused to say whether he felt football was more vulnerable to this, given the global nature of the game and the fact that many of the people arrested were from the UK.
"This is a reminder to everyone in Australian sport that we need to stay vigilant," Gallop said.
"It's difficult to say what sports are more susceptible than others but clearly football is a worldwide game.
"It's clearly distressing for everyone in Australian sport.
"We've known that this threat exists.
"What we can say is that the detection measures that we've had in place have worked and that is a sign that we're working in the right direction but we've got to stay vigilant."
|Martial never the same again - Mangala|
|Copa del Rey Review: Racing fall at the first|
|Shelvey dismisses talk of England snub|
|Galatasaray unable to play Grosskreutz|
|Faroe Islands v Northern Ireland: O´Neill preaches patience ahead of Euro double-header|
|Levy slams ´wholly inappropriate´ West Brom after Berahino chase|
|Panama v Uruguay: Visitors without Suarez and Cavani|
|Captaincy won´t change me - Robben|
|Liverpool sign Brazilian youngster Allan|
|PFA expects swift Berahino resolution|
|Argentina v Bolivia: Mascherano backs ´very special´ Messi|
|´I do not know if I´m worth €80million´ - Martial shocked at price-tag|
|Afellay suspension reduced|
|Noble red card rescinded|
|Portugal v France: Deschamps aiming to correct mistakes|
|Bahebeck given the all clear|
|Germany v Poland: Muller out to settle the score|
|Gibraltar v Republic of Ireland: Keane counting on McCarthy and Walters|
|Georgia v Scotland: Tbilisi trip has must-win feel for Robertson|
|Juve still the team to beat - Hernanes|
|De Gea will remain professional, says team-mate Mata|
|Berahino given extra time off following strike tweet|
|´No excuses´ as Costa seeks to kick-start season|
|I´m not like Messi or Ronaldo – Hazard|
|United States v Peru: Klinsmann out to ´prove a point´|
|Martinez unsure when Cleverley will return|
|France set for Russia friendly ahead of Euros|
|Former Manchester United forward Berbatov joins PAOK|
|De Gea must play to earn Euro 2016 spot – Del Bosque|
|Cahill thrilled to lead Socceroos|
|Wijnaldum urges patience with new-look Newcastle|
|Reid praises Stones´ professionalism|
|Mexico v Trinidad and Tobago: Islanders hoping to build on Gold Cup display|
|Choosing Brazil over Spain was easiest decision, says Rafinha|
|Galliani hails ´changed´ Balotelli|
|OFC World Cup Qualifying Review: American Samoa notch second competitive win|
|Canada v Belize: Hosts look to stay calm|
|Carragher surprised by ´big´ Martial price|
|No pressure on Rodgers - Rush|
|No Benzema, no Cavani - Arsenal ´can´t compete´ says Sol Campbell|
|FFA muzzle Postecoglou after pay dispute criticism|
|Celtic complete Simunovic signing|
|Joaquin: I´m as happy as a little boy|
|Navas given time off by Costa Rica|
|Martial unfazed by prospect of United pressure|
|Ramos urges De Gea to overcome transfer woe|
|Premier League spending hits £1bn in 2015|
|Italy v Malta: Conte calls for focus|
|De Laurentiis reveals failed Juve bid for Hamsik|
|Schweinsteiger: Manchester not as bad as everybody thinks|
|Galatasaray finalise Grosskreutz deal|
|Ilori agrees season-long loan with Villa|
|Wolfsburg want to ´annoy´ Bayern - Dante|
|Norwich bring in Jarvis on loan|
|Everton sign Lennon on permanent deal|
|United put blame back on Real Madrid over De Gea|
|Premier League Deadline Day: Berahino on strike, United make Martial number nine|
|Peace: West Brom must repair damage caused by Tottenham´s Berahino pursuit|
|Dyer secures loan switch to Leicester|
|Walters mocks deadline-day culture|
|Derby complete Johnson deal|
|Hector signed by Chelsea and loaned back to Reading|
|Watford secure Ibarbo loan|
|United´s Martial offer too good to reject - Monaco chief|
|No regrets over failed Juve move - Draxler|
|Guedioura returns to Watford|
|Berahino tweet casts doubt on West Brom future|
|Yedlin loaned to Sunderland|
|United complete Martial swoop|
|Strootman undergoes surgery again|
|FIFA set to clarify proposed Grosskreutz deal|
|Watford bolster strikeforce with Oulare|
|Belgium v Bosnia-Herzegovina: Time running out for visitors|
|Antonio makes West Ham move|
|I want to feel important at Leverkusen - Hernandez|
|Villa seal deadline-day swoop for Lescott|
|Austin to stay at QPR|
|Everton´s Gibson given driving ban|
|David de Gea: Timeline of Manchester United goalkeeper´s failed Real Madrid move|
|Southampton complete Van Dijk swoop|
|Bournemouth complete Murray deal|
|Real take aim at United over failed De Gea move|
|Premier League Deadline Day: West Ham bring in three, De Gea set for United stay|
|Reports: Real Madrid will not appeal De Gea transfer collapse|
|FIFA quiet on ´confidential´ De Gea paperwork|
|Chelsea sign Nantes defender Djilobodji|
|West Ham land Jelavic|
|Anthony who? Rooney had to ask who Martial was, says Schneiderlin|
|Moses joins West Ham on loan|
|Netherlands v Iceland: Blind era begins in Amsterdam|
|Deportivo snap up Gutierrez|
|Newcastle´s Kemen returns to France|
|Everton wrap up Funes Mori deal|
|Cyprus v Wales: Difficult to overestimate Bale contribution, says Davies|
|Blaszczykowski ´never considered´ Schalke move|
|Di Maria opens up about Van Gaal ´rows´|
|West Ham seal Song loan|
|Australia v Bangladesh: Luongo excited by Rogic partnership|
|Maturity, fitness vital for Shelvey|
|South Korea v Laos: Hwaseong hosts hunting goals|
|Japan v Cambodia: Hosts out to arrest four-match slump|
|Troisi joins Saudi giants Al-Ittihad|
|Casemiro lauds Benitez after re-signing|
|Rojo wants United stay|
|Milan tried for Witsel - Galliani|
|Conte eyes two Italy wins|
|Ligue 1 Deadline Day: Marseille sign three amid Martial saga|
|La Liga Deadline Day: Uncertainty over De Gea future, Joaquin back at Betis|
|Serie A Deadline Day: Juve and Inter busy as window closes|
|Layun swaps Watford for Porto|
|Joaquin makes Betis return alongside Van Wolfswinkel|
|Coventry City 2 Southend United 2: Ricketts salvages point for hosts|
|Real face anxious wait over De Gea as window shuts|
|Milan loan Mastour to Malaga|