• Fri. Jul 19th, 2024

UEFA: Juventus banned from UEFA Conference League; Chelsea fined for Financial offences

Thirty-six times Serie A champions have on Friday evening been banned from competing in the 2023-2024 UEFA Conference League by the European football’s governing body, UEFA.

The ban from Europe’s third-tier club competition comes after an investigation into the so-called “Capital Gains Case” in which the club’s directors artificially manipulated player value in transfer dealings to become FIFA Fair Play compliant.

Juventus was hit with a final 10-point deduction over the matter in Serie A after initially receiving a 15-point deduction. The loss of points took the Bianconeri from a fourth-place finish and a spot in the Champions League to a seventh-place finish and a Conference League berth.

Eighth-place Fiorentina, a runner-up in last season’s Conference League to West Ham, will take the Bianconeri’s spot in this year’s competition.

Juventus has also levied a €10 million fine.

Juventus begins its 2023-2024 Serie A campaign on August 20 away to Udinese.

Similarly, Chelsea have agreed a settlement with UEFA and will hand over €10m for “submitting incomplete financial information” during the Roman Abramovich era.

Leave a Reply

Your email address will not be published. Required fields are marked *