The UEFA Control and Disciplinary Body has handed down penalties to Greek club PAOK FC in relation to violations of the UEFA club licensing regulations.
PAOK have been fined €250,000, of which €200,000 is suspended for a probationary period of three years. In addition, PAOK have been excluded from one UEFA club competition for which they qualify in the next three seasons. The exclusion is also suspended for a probationary period of three years.
PAOK must prove that, by 30 June 2012, they have no outstanding overdue financial obligations towards employees, tax authorities, social security institutions or other clubs arising from transfer agreements incurred before 30 June 2012. UEFA's competent body will ensure that PAOK comply with this order.
An appeal may be lodged against the UEFA Control and Disciplinary Body's verdict within three days of the dispatch of the full written decision.
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