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PAOK to replace Metalist in play-offs

Published: Wednesday 14 August 2013, 17.00CET
FC Metalist Kharkiv, disqualified from 2013/14 UEFA competition, have been replaced by PAOK FC, with Maccabi Tel-Aviv FC qualifying for the UEFA Europa League proper.
PAOK to replace Metalist in play-offs
Action from the UEFA Champions League qualifying tie between PAOK and Metalist ©Vasilis Ververidis

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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: Wednesday 14 August 2013, 17.00CET

PAOK to replace Metalist in play-offs

FC Metalist Kharkiv, disqualified from 2013/14 UEFA competition, have been replaced by PAOK FC, with Maccabi Tel-Aviv FC qualifying for the UEFA Europa League proper.

Following today's decision of the UEFA Appeals Body to disqualify FC Metalist Kharkiv from 2013/14 UEFA club competition, the UEFA Emergency Panel held a meeting this afternoon.

The UEFA Emergency Panel, which is composed of five members of the UEFA Executive Committee, decided to replace Metalist with PAOK FC for the remainder of the 2013/14 club competitions.

As a consequence the Greek side, eliminated by Metalist in the third qualifying round, will now face FC Schalke 04 in the UEFA Champions League play-offs, with the first leg to be played on 21 August in Germany.

This decision is final. Metalist have the opportunity to appeal to the Court of Arbitration for Sport (CAS).

PAOK will not be replaced in the UEFA Europa League play-offs and their opponents, Maccabi Tel-Aviv FC, thus qualify directly for the group stage.

Last updated: 09/05/14 4.04CET

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