Subscriber CaaC (John)+ Posted July 28, 2023 Subscriber Posted July 28, 2023 Quote Juventus are kicked out of Europa Conference League by Uefa for breaching FFP rules Juventus have been kicked out of this season's Europa Conference League by Uefa and fined for breaching Financial Fair Play (FFP) rules. European football's governing body has also fined Chelsea for breaching FFP rules as a result of "submitting incomplete financial information"....
Cicero Posted July 28, 2023 Posted July 28, 2023 Quote With respect to Chelsea, the CFCB First Chamber concluded that the club breached the UEFA Club Licensing and Financial Fair Play regulations as a result of submitting incomplete financial information. Following the club’s sale in May 2022, the new ownership identified, and proactively reported to UEFA, instances of potentially incomplete financial reporting under the club’s previous ownership. The reported matters related to historical transactions which took place between 2012 and 2019… A settlement agreement with the club which has agreed to pay a financial contribution of €10M to fully resolve the reported matters.”
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