Videos emerged on social media this week showing 16-year-old Kendry Paez at a strip club in New York.
Paez, who has signed for Chelsea, was seen throwing money at dancers at the venue, which is meant to be restricted to people over 21.
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Chelsea star Moises Caicedo, Jeremy Sarmiento, Jos Cifuentes, John Yeboah and Willian Pacho were all seen celebrating at the TAO restaurant as well.
Given the facts of public knowledge, the FEF expresses the following: The official delegation had free time on Friday, March 22, from 2pm to 8.30pm, a schedule that was fully complied with," an Ecuador Football Federation statement read.
Images of events contrary to the values and principles that we defend and promote as an institution have been disseminated, which will be the subject of analysis for future calls.
We reiterate our commitment to Ecuadorian soccer."