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Fenerbahçe sanctioned by UEFA for failure to comply with settlement agreement!

The UEFA Club Financial Control Body (CFCB) Adjudicatory Chamber has determined that Fenerbahçe (TUR) failed to comply with the break-even target for the reporting period ending in 2018 as required by the settlement agreement, which they entered into on May 20, 2016.

As a result, the CFCB Adjudicatory Chamber has sanctioned the club with a withholding of revenues from UEFA club competitions of two million Euro (€2,000,000), a restriction on registering new players in UEFA club competitions in the 2020/21 and 2021/22 seasons in the absence of a positive transfer balance, and a restriction on registering more than 23 players in UEFA club competitions in the 2020/21 and 2021/22 seasons.

However, the withholding of revenues shall be reduced to one million Euro (€1,000,000) provided that the club is able to prove, by 15 October 2019, that it has fulfilled conditions with respect to restructuring its debt and implementing new national financial monitoring.

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