We care about football

UEFA welcomes CAS decision on Salzburg

Published: Wednesday 21 August 2013, 20.00CET
UEFA welcomes the Court of Arbitration for Sport's decision to reject FC Salzburg's application for provisional measures whereby they sought UEFA Champions League reinstatement.
UEFA welcomes CAS decision on Salzburg
Fenerbahçe beat Salzburg in the UEFA Champions League third qualifying round ©UEFA.com

Latest updates

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.

Regulations

Disciplinary organisation and cases

Match-fixing prevention

Published: Wednesday 21 August 2013, 20.00CET

UEFA welcomes CAS decision on Salzburg

UEFA welcomes the Court of Arbitration for Sport's decision to reject FC Salzburg's application for provisional measures whereby they sought UEFA Champions League reinstatement.

UEFA notes with satisfaction that the Court of Arbitration for Sport (CAS) has today rejected an application for provisional measures made by FC Salzburg whereby the club sought to be reinstated into the UEFA Champions League.

Salzburg were defeated by Fenerbahçe SK in the third qualifying round of the competition and afterwards lodged a protest, which was rejected both by the UEFA Control and Disciplinary Body and UEFA Appeals Body on 9 August 2013 and 16 August 2013 respectively.

Following a previous ruling of CAS (18 July 2013), Fenerbahçe have been allowed to participate in the UEFA Champions League, pending a final determination by CAS concerning the involvement of the club in match-fixing.

A decision on the merits in the Fenerbahçe case will be delivered by CAS on Wednesday 28 August.

Last updated: 09/05/14 4.04CET

Related information

Team profiles

http://www.uefa.com/disciplinary/news/newsid=1983871.html#uefa+welcomes+cas+decision+salzburg

  • © 1998-2015 UEFA. All rights reserved.
  • The UEFA word, the UEFA logo and all marks related to UEFA competitions, are protected by trade marks and/or copyright of UEFA. No use for commercial purposes may be made of such trade marks. Use of UEFA.com signifies your agreement to the Terms and Conditions and Privacy Policy.