The Adjudicatory Chamber of the Club Financial Control Body (CFCB) has announced that Galatasaray will be excluded from participating in their next UEFA club competition.
The Adjudicatory Chamber of the UEFA Club Financial Control Body (CFCB) today announced that Galatasaray AŞ will be excluded from participating in the next UEFA club competition for which they would otherwise qualify in the next two (2) seasons (i.e. the 2016/17 and 2017/18 seasons).
This decision was taken after Galatasaray failed to comply with the terms of the settlement agreement that it entered with the CFCB Chief Investigator in May 2014 under Article 15 of the Procedural rules governing the UEFA CFCB.
The Turkish club has also been ordered to limit the overall aggregate cost of the employee benefits expenses of all its players in each of the next two reporting periods (i.e. the reporting period ending in 2016 and the reporting period ending in 2017).