FIFA 17 does not include the Iceland national team because of a row over money.
The BBC reports that Iceland isn't in the game because its football association turned down EA's offer of $15,000 (around £11,000) for their inclusion.
The KSI said it made a counter offer, but this was not accepted by EA.
Iceland deservedly knocked England out of Euro 2016 in June in what was the team's best tournament run in recent memory.
But that doesn't seem to have boosted Iceland's value when it comes to licensing, at least in EA's eyes.
"They are the ones buying these rights and they almost want it for free," KSI president Geir Thorsteinsson is quoted as saying.
"The performance at the Euros show that we are quite a good team and many would like to play with our team. It's sad for the players - but the criticism should be towards EA Sports."
"I really feel if we are giving away rights, or offering rights, it has to be proper negotiations and fair fees." added Thorsteinsson.
"I didn't feel that this was done in a fair and open manner."
We've asked EA for comment.