Sport UEFA announces financial fair play penalties

UEFA announces financial fair play penalties

Uefabadge_3124959(AA) – The UEFA’s Club Financial Control Body announced penalties against 10 teams on Friday, including Besiktas, Inter, Roma and Monaco.

The penalties come as part of the financial fair play criteria investigation that involves break-even targets, sporting measures and financial contributions. UEFA monitors clubs financially to make sure they are not spending more money than they earn, a measure created to help teams avoid financial problems in the long-term. 

UEFA stated on its website that Turkish teams Besiktas and Kardemir Karabukspor, Italian clubs Inter and Roma, French club Monaco, Sporting Lisbon club from Portugal, Russia’s Lokomotiv Moscow, Krasnodar, Rostov and Bulgarian team CSKA Sofia had some of their revenues from participation in UEFA competitions seized.

Inter was severely punished with €20 million. The Milanese club will pay €6 million and the rest could be waived by UEFA if the club obeys the agreement. In addition, Inter can register a maximum of 21 players for the next season in UEFA organizations. In the 2016-17 season, the number can be increased to 22.

French club Monaco was sanctioned with €13 million, but has reported it will be paying €3 million of the amount. UEFA would not impose the sanction if the club meets the conditions of the agreement. 

The other Italian team Roma will pay €2 million. UEFA could waive the rest of the amount, which is €4 million if Roma meets the demands as well.

Meanwhile, Turkish club Besiktas will pay €1.5 million despite being sanctioned with €5.5 million. Four million euros could be waived if Besiktas obeys the agreement. It is stated that Besiktas can register 22 players in UEFA organizations next season. For the 2016-17 season, they may have 23.

Lokomotiv Moscow is set to pay €1.5 million. UEFA will gather to discuss for the remainder (€3.5 million). Another Russian team, Krasnodar, was penalized with €4 million.

Portuguese Sporting Lisbon’s penalty was €2 million and CSKA Sofia, Rostov and Kardemir Karabukspor’s €200,000 income was seized as well.

Monaco, Roma, Lokomotiv Moscow, Krasnodar and Sporting Lisbon will be able to register a maximum of 22 players for the next season in UEFA organizations.

 

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