Geelong are reportedly the subject of an "ongoing" audit by the AFL into third-party player payments, with the league also looking into similar matters "around the competition".

The Cats have earned the AFL's attention in recent months, with coach Chris Scott's role with sponsor Morris Finance gauging the interest from those at league headquarters.

Star recruit Bailey Smith's move to Kardinia Park has also raised eyebrows given the Cats' major sponsor Cotton On and Smith's position as an ambassador for the retail company.

A report fromย The Ageย in December revealed draft loan documents that listed former Geelong captain Joel Selwood in a contract involving a club sponsor that allegedly positioned him "to receive $10,000 in interest".

The AFL and Geelong are said to have confirmed to reporter Caroline Wilson that the league is auditing the Victorian club amid "intriguing" circumstances.

Speaking onย The Agenda Setters,ย Wilson detailed that the AFL was assessing the matter and that further players could also be involved in the audit.

"I can tell you that the AFL is auditing third-party player payments at the Geelong Football Club. This is not an investigation, those in the know were at pains to tell me today, it's an audit, and there are audits going on with third-party payments around the competition. But this one is intriguing," Wilson said.

"It began last year. We spoke in another place about issues, potentially with the Bailey Smith-Cotton On deal. But since then, the Morris Finance story broke, and that is the deal that they have with coach, Chris Scott.

"That story came to light when Morris Finance wanted more out of their man and asked that he wear the club colours. That caused some problems. Some of that money is now going into either the soft cap or outside the soft cap.

"There was also a story in The Age last December, which revealed a $100,000 loan contracted with a former club sponsor now being investigated by police, and former captain Joel Selwood.

"This (reported) deal stood to earn Selwood $10,000. No one is saying that Joel Selwood did anything wrong, or that the deal even took place, but this raised eyebrows at head office.

"Very sensitive, the AFL were, when I started asking questions about this last week, but there have been confirmations today both from the club and the AFL, that an audit is going is currently going on. It's ongoing. And it's not only concerning those two stories, but other players as well."

Wilson went on to state that rival clubs, including Melbourne, GWS and the Western Bulldogs, have raised concerns surrounding Geelong after the Cats' interest in their players.

Jeremy Cameron and Smith both moved to the club in the past several seasons, while the Cats also had an interest in Demons star Clayton Oliver last year.

"The Melbourne Football Club asked questions about who Clayton Oliver spoke to and what was involved in that potential deal last year," Wilson added.

"The Bulldogs remain very, very angry about what went on with Bailey Smith and the club. GWS, ditto, Jeremy Cameron.

"I'm not saying Geelong have necessarily done anything wrong."

No other clubs subject to third-party player payments were named by Wilson.