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Roma, Inter, Monaco Among Clubs Sanctioned By UEFA Under FFP Rules

A total of 10 club were disciplined by UEFA for failing to follow the financial fair play rules. UEFA sent out a press release Friday listing the clubs and the punishment.

The clubs in question are AS Monaco FC, AS Roma, Beşiktaş JK, FC Internazionale Milano, FC Krasnodar, FC Lokomotiv Moskva, Sporting Clube de Portugal, FC Rostov, Kardemir Karabükspor and PFC CSKA Sofia. The clubs now face different fines and restrictions when it comes to buying new players and registering players in the European cups.

The Club Financial Control Body is responsible for investigating issues of clubs not following the FFP rules and they released the names and punishments of the 10 clubs. What follows is the complete list of sanctions taken by the CFCB and UEFA against the clubs as issued on UEFA’s website Friday.

Beşiktaş JK

Olcay Sahan of Besiktas lies on his back after missing a chance to score during the Europa League football match Tottenham Hotspur FC versus Besiktas JK on October 2, 2014 at White Hart line in North London, England.****NO AGENTS----NORTH AND SOUTH AMERICA SALES ONLY----NO AGENTS----NORTH AND SOUTH AMERICA SALES ONLY****

The settlement agreement covers the sporting seasons 2015/16, 2016/17, 2017/18 and 2018/19. Beşiktaş undertakes to reach full break-even compliance by monitoring period 2018/19 (i.e. reporting periods 2016, 2017 and 2018).

Beşiktaş accepts that it will be subject to a limitation on the number of players that it may include on the A list for the purposes of participation in UEFA competitions. Specifically, for season 2015/16, Beşiktaş may only register a maximum of 22 players on the A list, instead of the potential maximum of 25 as foreseen in the relevant competition regulations, and 23 players for the 2016/17 season. Such restriction will be lifted as from season 2017/18 if the club fulfils the operational and financial measures agreed with the UEFA CFCB.

Beşiktaş agrees to pay a total amount up to €5.5m, which will be withheld from any revenues it earns from participating in UEFA competitions commencing in season 2014/15. Of this amount, €1.5m shall be paid in full, irrespective of any early exit from the settlement regime, and will be withheld in three equal installments. Payment of the remaining €4m is conditional and may be withheld in certain circumstances depending on the club’s compliance with the operational and financial measures imposed in the settlement agreement.

Beşiktaş agrees to report a maximum break-even deficit of €20m for the financial year ending in 2016 and €10m for the financial year ending in 2017.

Beşiktaş agrees that for the financial year ending in 2016 and for the financial year ending in 2017 the employee benefit expenses to revenue ratio is restricted and that the amortization and impairment of the costs of acquiring players’ registrations is limited.

Beşiktaş accepts, for the duration of the settlement agreement, a calculated limitation on the number of new registrations it may include within its A list for the purposes of participation in UEFA competitions. This calculation is based on the club’s net transfer position in each respective registration period covered by the agreement. Such restriction will be lifted as from season 2017/18 if the club fulfills the operational and financial measures agreed with the UEFA CFCB.

FC Internazionale Milano

The settlement agreement covers the sporting seasons 2015/16, 2016/17, 2017/18 and 2018/19. Inter undertakes to reach full break-even compliance by monitoring period 2018/19 (i.e. reporting periods 2016, 2017 and 2018).

Inter agrees that for the financial year ending in 2016 and for the financial year ending in 2017 the employee benefit expenses to revenue ratio is restricted and that the amortization and impairment of the costs of acquiring players’ registrations is limited.

Inter agrees to pay a total amount up to €20m, which will be withheld from any revenues it earns from participating in UEFA competitions commencing in season 2014/15. Of this amount, €6m shall be paid in full, irrespective of any early exit from the settlement regime, and will be withheld in three equal installments. Payment of the remaining €14m is conditional and may be withheld in certain circumstances depending on the club’s compliance with the operational and financial measures imposed in the settlement agreement.

Inter agrees to report a maximum break-even deficit of €30m for the financial year ending in 2016 and no break-even deficit for the financial year ending in 2017.

Inter accepts that it will be subject to a limitation on the number of players that it may include on the A list for the purposes of participation in UEFA competitions. Specifically, for season 2015/2016, Inter may only register a maximum of 21 players on the A list, instead of the potential maximum of 25 as foreseen in the relevant competition regulations, and 22 players for the 2016/17 season. Such restriction will be lifted as from season 2017/18 if the club fulfills the operational and financial measures agreed with the UEFA CFCB.

Inter accepts, for the duration of the settlement agreement, a calculated limitation on the number of new registrations it may include within its A list for the purposes of participation in UEFA competitions. This calculation is based on the club’s net transfer position in each respective registration period covered by the agreement. Such restrictions will be lifted as from season 2017/18 if the clubs fulfills the operational and financial measures agreed with the UEFA CFCB.

FC Krasnodar

The settlement agreement covers the sporting seasons 2015/16, 2016/17 and 2017/18. Krasnodar undertakes to reach full break-even compliance by monitoring period 2017/18 (i.e. reporting periods 2015, 2016 and 2017).

Krasnodar accepts, for the duration of the settlement agreement, a calculated limitation on the number of new registrations it may include within its A list for the purposes of participation in UEFA competitions. This calculation is based on the club’s net transfer position in each respective registration period covered by the agreement. Such restrictions will be lifted as from season 2016/17 if the club fulfills the operational and financial measures agreed with the UEFA CFCB.

Krasnodar agrees to pay a total amount up to €4m, which will be withheld from any revenues it earns from participating in UEFA competitions commencing in season 2014/15. Of this amount, €1m shall be paid in full, irrespective of any early exit from the settlement regime, and will be withheld in three equal installments. Payment of the remaining €3m is conditional and may be withheld in certain circumstances depending on the club’s compliance with the operational and financial measures imposed in the settlement agreement.

Krasnodar undertakes to report a maximum break-even deficit of €20m for the financial year ending in 2015 and €10m for the financial year ending in 2016.

Krasnodar accepts that it will be subject to a limitation on the number of players that it may include on the A list for the purposes of participation in UEFA competitions. Specifically, for season 2015/16, Krasnodar may only register a maximum of 22 players on the A list, instead of the potential maximum of 25 as foreseen in the relevant competition regulations.

FC Lokomotiv Moskva

The settlement agreement covers the sporting seasons 2015/16, 2016/17 and 2017/18. Lokomotiv undertakes to reach full break-even compliance by monitoring period 2017/18 (i.e. reporting periods 2015, 2016 and 2017).

Lokomotiv accepts, for the duration of the settlement agreement, a calculated limitation on the number of new registrations it may include within its A list for the purposes of participation in UEFA competitions. This calculation is based on the club’s net transfer position in each respective registration period covered by the agreement. Such restrictions will be lifted as from season 2016/17 if the club fulfills the operational and financial measures agreed with the UEFA CFCB.

Lokomotiv agrees to pay a total amount up to €5m, which will be withheld from any revenues it earns from participating in UEFA competitions commencing in season 2014/15. Of this amount, €1.5m shall be paid in full, irrespective of any early exit from the settlement regime, and will be withheld in three equal installments. Payment of the remaining €3.5m is conditional and may be withheld in certain circumstances depending on the club’s compliance with the operational and financial measures imposed in the settlement agreement.

Lokomotiv undertakes to report a maximum break-even deficit of €20m for the financial year ending in 2015 and €10m for the financial year ending in 2016.

Lokomotiv accepts that it will be subject to a limitation on the number of players that it may include on the A list for the purposes of participation in UEFA competitions. Specifically, for season 2015/16, Krasnodar may only register a maximum of 22 players on the A list, instead of the potential maximum of 25 as foreseen in the relevant competition regulations.

AS Monaco FC:

The settlement agreement covers the sporting seasons 2015/16, 2016/17 and 2017/18. Monaco undertakes to reach full break-even compliance by monitoring period 2017/18 (i.e. reporting periods 2015, 2016 and 2017).

Monaco agrees to report a maximum break-even deficit of €15m for the financial years ending in 2015 and 2016 and no break-even deficit for the financial year ending in 2017.

Monaco accepts that it will be subject to a limitation on the number of players that it may include on the A list for the purposes of participation in UEFA competitions. Specifically, for season 2015/2016, Monaco may only register a maximum of 22 players on the A list, instead of the potential maximum of 25 as foreseen in the relevant competition regulations.

Monaco accepts, for the duration of the settlement agreement, a calculated limitation on the number of new registrations it may include within its A List for the purposes of participation in UEFA competitions. This calculation is based on the club’s net transfer position in each respective registration period covered by the agreement. Such restrictions will be lifted as from season 2016/17 if the clubs fulfills the operational and financial measures agreed with the UEFA CFCB.

Monaco agrees to pay a total amount up to €13m, which will be withheld from any revenues it earns from participating in UEFA competitions commencing in season 2014/15. Of this amount, €3m shall be paid in full, irrespective of any early exit from the settlement regime, and will be withheld in three equal installments. Payment of the remaining €10m is conditional and may be withheld in certain circumstances depending on the club’s compliance with the operational and financial measures imposed in the settlement agreement.

AS Roma

The settlement agreement covers the sporting seasons 2015/16, 2016/17 and 2017/18. Roma undertakes to reach full break-even compliance by monitoring period 2017/18 (i.e. reporting periods 2015, 2016 and 2017).

Roma agrees to report an aggregate maximum break-even deficit of €30m for the financial years ending in 2015 and 2016.

Roma accepts that it will be subject to a limitation on the number of players that it may include on the A list for the purposes of participation in UEFA competitions. Roma may only register a maximum of 22 players on the A list, instead of the potential maximum of 25 as foreseen in the relevant competition regulations. Such restriction will be lifted as from season 2016/17 if the club fulfills the operational and financial measures agreed with the UEFA CFCB.

Roma accepts, for the duration of the settlement agreement, a calculated limitation on the number of new registrations it may include within its A list for the purposes of participation in UEFA competitions. This calculation is based on the club’s net transfer position in each respective registration period covered by the agreement. Such restrictions will be lifted as from season 2016/17 if the club fulfills the operational and financial measures agreed with the UEFA CFCB.

Roma agrees to pay a total amount up to €6m, which will be withheld from any revenues it earns from participating in UEFA competitions commencing in season 2014/15. Of this amount, €2m shall be paid in full, irrespective of any early exit from the settlement regime, and will be withheld in three equal installments. Payment of the remaining €4m is conditional and may be withheld in certain circumstances depending on the club’s compliance with the operational and financial measures imposed in the settlement agreement.

Sporting Clube de Portugal

The settlement agreement covers the sporting season 2015/16. Sporting undertakes to reach full break-even compliance by monitoring period 2015/16 (i.e. reporting periods 2013, 2014 and 2015).

Sporting agrees to report no break-even deficit for the financial year ending in 2017.

Sporting accepts that it will be subject to a limitation on the number of players that it may include on the A list for the purposes of participation in UEFA competitions. This restriction, which is conditional on the fulfillment of the operational and financial measures agreed with the UEFA CFCB, foresees that for season 2015/16 Sporting may only register a maximum of 22 players on the A list, instead of the potential maximum of 25 as foreseen in the relevant competition regulations.

Sporting agrees that an amount of €2m may be withheld in certain circumstances depending on the club’s compliance with the operational and financial measures imposed in the settlement agreement

PFC CSKA Sofia, Kardemir Karabükspor and FC Rostov

The settlement agreements of CSKA Sofia, Karabükspor and Rostov cover the sporting season 2015/16.

Under the terms of their settlement agreements, CSKA, Karabükspor and Rostov all undertake to be break-even compliant by monitoring period 2015/16 (i.e. reporting periods 2013, 2014 and 2015).

Each club also agrees to pay an unconditional amount of €200,000.

The three clubs also agree that for the financial year ending in 2015 the employee benefit expenses to revenue ratio is restricted.

These clubs will now have to find a way to stay competitive despite the actions taken against them, but in the case of Inter Milan and AS Roma, it could mean that Juventus will continue to reign supreme in the Serie A without any real competition.

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