The UEFA Club Financial Control (CFCB), headed by sunil gulatitoday announced a series of decisions affecting clubs participating in the 2021/22 UEFA club competitions.
The First Chamber of the CFCB decided that Milan (ITA), Monaco (FRA), Rome (ITA), Besiktas (TUR), Inter (ITA), Juventus (ITA), Olympic Marseille (FRA) and Paris Saint Germain (FRA) did not meet the break-even requirement.
The review covers the financial years 2018, 2019, 2020, 2021 and 2022. The financial years 2020 and 2021 were subject to Covid emergency measures intended to neutralize the adverse effects of the pandemic. Under these measures, the 2020 and 2021 financial years are assessed as one period and clubs are allowed to make specific Covid-19 adjustments as well as average the combined deficit in 2020 and 2021. emergency measures here.
These eight clubs have agreed to financial contributions of €172 million. These amounts will be withheld from the income of these clubs from their participation in UEFA club competitions or paid directly. Of this amount, 26 million euros (15%) will be paid in full, while the remaining balance of 146 million euros (85%) is conditional on the fulfillment by these clubs of the objectives established in their respective agreements.
The details are as follows:
Source: La Verdad
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