MTI wrote that FC Porto and Sporting have been fined and could be excluded from the European Cup series for the next three years.
The penalty was imposed by UEFA because the two associations had violated some financial fair play rules. The justification states that the clubs involved did not comply with the requirements for the settlement of overdue debts.
Sporting, the Portuguese champions, will have to pay 250,000 euros and Porto 300,000 and pay their debts by January 31.
If this is not done with the relevant certifications submitted, none of them will be included in the European Cup Series for the next three seasons.
Not only were the two Portuguese federations sanctioned by UEFA, but also by Kazakhstan’s Astana, Romania’s CFR Cluj, Bulgaria’s CSKA Sofia, Gibraltar’s Mons Calpe, Portugal’s Santa Clara and Spain’s Betis, who is also part of a group European League.
UEFA also said Turkey’s Besiktas ran into a financial shortfall last season, so 15 per cent of their current European Cup funds will not be withheld. However, Besiktas will not be in any of the series in the spring, as he will certainly finish last in Group C of the Champions League.
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