Monday , September 20 2021

Tag Archives: Financial Fair Play

CAS confirms AC Milan ban from UEFA Europa League for Financial Fair Play breaches!

The Court of Arbitration for Sport (CAS) has issued a Consent Award embodying the agreement reached between AC Milan S.p.A and the Union of European Football Associations (UEFA) concerning breaches of the UEFA Financial Fair Play Regulations by the Italian club. This means that UEFA and AC Milan have reached …

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Manchester City files appeal at CAS against UEFA Club Financial Control Body!

The Court of Arbitration for Sport (CAS) has registered an appeal filed by Manchester City FC against the Union of European Football Associations (UEFA). The appeal is filed against decisions taken by the Investigatory Chamber (IC) of the UEFA Club Financial Control Body (CFCB) regarding Manchester City FC’s alleged non-compliance …

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CFCB Adjudicatory Chamber issues procedural order to suspend proceedings against AC Milan!

The UEFA Club Financial Control Body (CFCB) Adjudicatory Chamber has issued a procedural order suspending the proceedings against AC Milan regarding its failure to comply with the break-even requirement during the current monitoring period assessed in the 2018/19 season and covering the reporting periods ending in 2016, 2017 and 2018. …

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UEFA issues statement on Financial Fair Play!

European football governing body UEFA issued an official statement yesterday, November 13 regarding Financial Fair Play. Financial Fair Play (FFP) has led to a step change in the health of the finances in European club football. Seven years ago, European clubs had a cumulative debt of €1.7bn. Last year, it …

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European club finances healthier than ever, thanks to Financial Fair Play!

UEFA President Aleksander Ceferin has said that UEFA’s Financial Fair Play regulations have made European football finances stronger than ever before. New figures analysing the finances of 718 first-division clubs in Europe, compiled by UEFA’s financial sustainability & research division and which cover the period up to and including December …

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AC Milan banned from UEFA competitions for breach of Financial Fair Play rules!

The Adjudicatory Chamber of the Club Financial Control Body (CFCB), chaired by José Narciso da Cunha Rodrigues, has taken a decision in the case of the club AC Milan that had been referred to it by the CFCB Chief Investigator for the breach of the UEFA Club Licensing and Financial …

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UEFA’s Financial fair play and club licensing review!

The new UEFA Compliance and Investigation Activity Report 2015–2017, published this week, reviews another busy two years of club licensing and financial fair play developments for UEFA. The comprehensive report reviews, in transparent detail, the implementation and assessment of UEFA’s club licensing system and financial fair play process for the …

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