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Appeals Body confirms Rapid Wien punishment

Published: Friday 14 September 2012, 15.51CET
SK Rapid Wien have lost their appeal against the punishment handed down to them following their UEFA Europa League play-off first leg against PAOK FC in Salonika on 23 August.
Appeals Body confirms Rapid Wien punishment
Action from Rapid Wien's UEFA Europa League play-off tie against PAOK of Greece ©Getty Images

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The Club Financial Control Body (CFCB) Investigatory Chamber today announced that ten clubs, for which investigations were opened following non-compliance with Financial Fair Play (FFP) break-even regulations, have individually agreed to settlement agreements. The clubs are AS Monaco FC, AS Roma, Beşiktaş JK, FC Internazionale Milano, FC Krasnodar, FC Lokomotiv Moskva and Sporting Clube de Portugal and, for minor breaches, FC Rostov, Kardemir Karabükspor and PFC CSKA Sofia. The CFCB Investigatory Chamber also announced that VfL Wolsburg have been found (following the submission of additional financial information) to have satisfied the break-even requirement and are no longer under investigation. These settlement agreements aim to ensure that each club achieves break-even compliance with minimal delay, and are defined by Articles 14 (1) (b) and 15 of the Procedural Rules governing the CFCB. Each of the settlement agreements includes some or all of the following provisions: Break-even targets: Defined as (i) annual and aggregate break-even results as per individual summary settlements, and/or (ii) financial covenants on the level of employee benefit expenses (total wages and benefits) and player’s amortization incurred in the relevant reporting period(s); Sporting measures: Defined as limitations on (i) the number of players included on the 'A' list related to UEFA competitions, and/or (ii) the registration of newly-transferred players on the 'A' and 'B' squad lists related to UEFA competitions; and/or (iii) employee benefit expenses (total wages and benefits) incurred in the relevant reporting period(s); and Financial contributions: Defined as (i) money withheld from revenues earned from participation in UEFA competitions; or (ii) an amount to be paid in full by a certain deadline. Such contributions shall not impact future break-even calculations. In the event of a club not qualifying for UEFA competition next season, it will nonetheless be subject to the terms of the settlement agreements. The individual settlement agreements will published on UEFA.org next week and a club-by-club summary for information purposes has been published at (LINK). Four previous settlement agreements were announced on 27 February 2015, so today's announcement brings the total number of settlement agreements for 2014/2015 to 14.

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Published: Friday 14 September 2012, 15.51CET

Appeals Body confirms Rapid Wien punishment

SK Rapid Wien have lost their appeal against the punishment handed down to them following their UEFA Europa League play-off first leg against PAOK FC in Salonika on 23 August.

The UEFA Appeals Body has rejected an appeal lodged by SK Rapid Wien against the punishment handed down by the UEFA Control and Disciplinary Body last month, following incidents at the UEFA Europa League play-off first leg against Greek opponents PAOK FC in Salonika on 23 August.

The €75,000 fine given to the Austrian club is confirmed, and Rapid must play their next UEFA competition home game behind closed doors. This sanction did not apply to the play-off second leg between Rapid and PAOK in Vienna on 30 August. Rapid won 3-0 to advance to the UEFA Europa League group stage on a 4-2 aggregate scoreline.

Rapid are also disqualified from one (current or future) UEFA competition for which they would normally qualify within the next five years. However, this ban is suspended for a probationary period of three years.

Last updated: 09/05/14 7.51CET

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