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Juventus Turin Excluded from European Cup and Penalized for Financial Violations: UEFA Decision

The Italian record champions Juventus Turin are not allowed to play internationally in the coming season.

The European Football Union UEFA excluded the seventh-placed side of the past Serie A season from the European Cup on Friday for violating financial regulations. Juventus Football Club would have been eligible for the playoffs in the Conference League, Europe’s smallest competition. Juventus waived an appeal.

In the domestic league, Turin was penalized last season for illegalities and financial tricks with a deduction of ten points and fines. Among other things, it was about the fact that the club has falsified the market values ​​of its players for years and thus embellished the books in transfers or barter transactions with other clubs. There were also illegal salary payments related to the corona pandemic.

“We regret the decision,” club president Gianluca Ferrero said of UEFA’s decision. However, the club does not want to create uncertainty with a view to possible participation in the Champions League in the 2024/25 season. “Despite this painful decision, we can now go into the season focusing on the pitch and not the courtrooms,” said Ferrero.

UEFA also imposed a fine of 20 million euros, of which 10 million euros will only be payable for further violations in the financial years 2023 up to and including 2025. The European Cup ban was expected after the scandalous Turin season.

NYON (dpa-AFX)

2023-07-29 00:04:41
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