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Disciplinary proceedings opened against Metalist

Published: Tuesday 6 August 2013, 18.00CET
UEFA has initiated disciplinary proceedings against Ukrainian side FC Metalist Kharkiv, with the case to be heard on Tuesday 13 August at the House of European Football in Nyon.
Disciplinary proceedings opened against Metalist
The Metalist Stadium in Kharkiv ©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: Tuesday 6 August 2013, 18.00CET

Disciplinary proceedings opened against Metalist

UEFA has initiated disciplinary proceedings against Ukrainian side FC Metalist Kharkiv, with the case to be heard on Tuesday 13 August at the House of European Football in Nyon.

UEFA has today begun disciplinary proceedings relating to Ukrainian UEFA Champions League contenders FC Metalist Kharkiv.

Proceedings have been opened against Metalist under Articles 2.04g, 2.05 and 2.10 of the Regulations of the UEFA Champions League, 2013/14 competition, regarding the admission criteria for participation in UEFA competitions.

Due to the urgency of the case and in accordance with Article 23.3 of the UEFA Disciplinary Regulations, the case has been referred directly to the UEFA Appeals Body.

The case will be heard on Tuesday 13 August at the House of European Football in Nyon, Switzerland.

Last updated: 09/05/14 4.02CET

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