Tuesday , April 16 2024

Tag Archives: Financial Fair Play

LaLiga demands immediate sanctions against Juventus FC!

Following the resignation of the Juventus board of directors late on Monday, November 28, LaLiga demands immediate sports sanctions to be applied on the club. LaLiga filed an official complaint against Juventus with UEFA in April 2022 reporting financial fair play breaches being investigated by Italy´s Guardia di Finanza, an …

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CFCB First Chamber fines eight top clubs for failing to comply with financial regulations!

The Club Financial Control Body (CFCB) First Chamber, chaired by Sunil Gulati, announced today a series of decisions involving clubs that participated in the 2021/22 UEFA club competitions. The CFCB First Chamber found that AC Milan (ITA), AS Monaco (FRA), AS Roma (ITA), Beşiktaş JK (TUR), FC Internazionale Milano (ITA), …

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LaLiga condemns PSG & Manchester City for violating financial fair play rules!

This week, LaLiga has filed a complaint with UEFA against PSG, which adds to another against Manchester City in April, on the grounds that these clubs are in continuous breach of the current financial fair play rules. LaLiga considers that these practices alter the ecosystem and sustainability of football, harm …

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UEFA Executive Committee approves new financial sustainability regulations!

The UEFA Executive Committee today, April 7 approved the new UEFA Club Licensing and Financial Sustainability Regulations at its meeting in Nyon. The regulations are the first major reform of UEFA’s finance regulations since they were introduced in 2010. UEFA President Aleksander Čeferin said, “UEFA’s first financial regulations, introduced in …

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LaLiga: proposed UEFA financial fair play rules are a major step forward for European football!

LaLiga, which implements the strongest financial fair play norms in football anywhere, has spent years advocating for stronger financial fair play rules at European level. The proposal to be considered at the UEFA Executive Committee on April 7 is a major step forward for European football, providing financial sustainability and …

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CFCB First Chamber issues orders to clear clubs for European club competition!

The UEFA Club Financial Control Body (CFCB) First Chamber, under the leadership of its Chairman, Mr Sunil Gulati, has confirmed that PFC CSKA-Sofia (BUL), FC Porto (POR), CD Santa Clara (POR) and Sporting Clube de Portugal (POR) have satisfied the conditions previously set by the CFCB and will not face …

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UEFA FFP update on the 2021/22 monitoring of clubs by the CFCB!

The newly established First Chamber of the UEFA Club Financial Control Body (CFCB First Chamber) announced on Friday, December 3 that eight clubs, FC Astana (KAZ), CFR 1907 Cluj (ROU), PFC CSKA-Sofia (BUL), Mons Calpe SC (GIB), FC Porto (POR), Real Betis Balompié (ESP), CD Santa Clara (POR) and Sporting …

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CAS confirms UEFA exclusions of Trabzonspor from European competitions!

The Court of Arbitration for Sport (CAS) has dismissed the appeal filed by the Turkish football club Trabzonspor A.S. (Trabzonspor) against the decision issued by the Union of European Football Associations (UEFA) Club Financial Control Body (CFCB) Adjudicatory Chamber on June 3, 2020 (the Challenged Decision). As a consequence, the …

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UEFA reacts to CAS decision to cancel Manchester City ban!

UEFA takes note of the decision taken by the Court of Arbitration for Sport to reduce the sanction imposed on Manchester City FC by UEFA’s independent Club Financial Control Body for alleged breaches of the UEFA Club Licensing and Financial Fair Play regulations. UEFA notes that the CAS panel found …

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