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Financial fair play: UEFA threatens to exclude FC Porto from European competitions for “non-compliance”. Santa Clara with a fine of 10 thousand euros

FC Porto runs the risk of being excluded from European competitions from next season and of paying a fine of 100 thousand euros. The news was released this Friday in a statement by the UEFA Club Financial Control Committee (CFCB), which could also sanction Santa Clara.

In the case of the “dragons”, the entity affirms that it decided to “reopen the case” of possible financial default, after FC Porto “failed, slightly, with the main objective of the payment agreement”.

The First Chamber has decided to impose a fine of €100,000 and exclude the club from the next UEFA club competition to which it qualifies in the next three seasons, except for the aggregate balance result of the 2019, 2020, 2021 and 2022 meet the requirements,” says the UEFA CFCB in the statement.

During the afternoon, the Blue and Whites responded to the statement through their official website, where they claim to have “been aware” of the case and claim to have exceeded the “objectives established in the economic fair play agreement.”

Taking into account the good results of the season that has just ended, FC Porto, SAD is pleased to be able to inform you that it has already managed to exceed the objectives established by the agreement, which will be formally transmitted to the competent bodies next October. Porto website.

Santa Clara is also under the disciplinary authority of UEFA, but still, according to the organization, it is a “minor breach of balance requirements”. The Azorean club “was fined 10,000 euros” if it does not prove that the “exercises 2019, 2020, 2021 and 2022 meet the requirements.”

Source: Observadora

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