He Clubs Financial Control Body (CFCB for its acronym in English) of UEFA reported on Friday that it fined the Rome for slightly exceeding the intermediate goal set for fiscal year 2023; and on Aston Villa and Marseille“for late submission of your financial information.”
The Rome were fined 2 million euros, while Aston Villa and Marseille were fined 60,000 and 20,000 euros, respectively. Turkish side Başakşehir narrowly failed to reach the final goal set for the 2023/24 season and the CFCB imposed a series of disciplinary measures on them
UEFA reported that “the First Chamber of the CFCB met this week and completed the review of clubs participating in the 2023/24 season or in liquidation in the 2023/24 season.”
He added that, for the first time, the CCFB assessed clubs against the new ‘cost squad’ rule which is being phased in over three years. By 2023, clubs will have to report a ratio equal to or below 90%. The ratio will decrease to 80% in 2024 and finally to 70% in 2025.
“All clubs reported a staff cost ratio within the 90% limit applicable for the 2023/24 season. However, two clubs, Aston Villa and Marseille were fined by the First Chamber of the CFCB with 60,000 and 20,000 euros, respectively, for the late presentation of their financial information,” it reported.
The First Chamber of the CCFB continues to monitor the ten clubs that are under an agreement during the 2023-24 season. Milan, Inter, Monaco, Marseille and Paris Saint-Germain, Besiktas, Trabzonspor and Antwerp “they met the intermediate financial goals established for fiscal year 2023.”
He added that the Rome It slightly exceeded the intermediate goal set for the 2023 financial year and a fine of 2 million euros was imposed.
He Basaksehir The Turkish team partially failed to reach its final target for the 2023/24 season and the CFCB imposed the following disciplinary measures: Exclusion from the next UEFA club competition for which the team qualified for the next three seasons, unless the club complies with the football revenue rule in the 2024/25 season; limit of 23 players a club can register on List A for the 2024/25 season; restriction on the ability to register newly signed players on List A for the 2024/25 season and a fine of 100,000 euros.
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
