The UEFA Club Financial Control Body (CFCB) Announcedthis Friday, that FC Porto “slightly breached” the rules of the financial fair play, threatening the Blue and Whites with exclusion from European competitions and the payment of a fine of 100 thousand euros.
“The First Chamber has decided to impose a fine of €100,000 and exclude the club from the next UEFA club competition to which it qualifies for the next three seasons, unless the aggregate balance result for the years 2019, 2020, 2021 and 2022 meets the requirements,” read the UEFA statement.
the dragons already reacted in a statementand guarantee of having exceeded the “targets set” by the institution that regulates European football.
“I am aware of the good results of the weekend, to FC Porto, SAD is pleased to be able to report that it has already managed to exceed the goals established by agreement, or that it will be formally transmitted to the competent authorities no sooner than October”, announced the emblem blue and white.
Santa Clara is also in the spotlight of the UEFA statement. The Azoreans were also reprimanded for a “minor infraction” and will have to pay a fine of ten thousand euros, “unless the result of the aggregate break-even point for the years 2019, 2020, 2021 and 2022 meets the requirements.”
Failure to comply with these “balancing requirements” led the UEFA Financial Control Committee to reach an agreement with eight foreign clubs that were in breach of the financial fair play regime for the payment of a total of 172 million euros (ME) in fines.
Paris Saint-Germain, champion of France, was sentenced to pay 65 ME, of which 10 ME will be paid in full, while the remaining 55 ME will be retained depending on the club’s compliance with the objectives defined in the settlement agreement.
UEFA also sanctioned the Italians Roma (35 ME), Inter Milan (26 ME), Juventus (23 ME) and AC Milan (15 ME) and the Turkish Besiktas (four ME), in addition to the French Marseille and Monaco, both sentenced to liquidate two ME each.
Source: TSF
