Juve kicked out of Europe || Juve یورپ سے باہر نکال دیا

Juve kicked out of Europe || Juve یورپ سے باہر نکال دیا

A fine of 20 million euros ($22 million) was also imposed on the Italian heavyweights, with half of it postponed.

Juventus broke UEFA’s rules, hence it was decided to exclude them from the 2023–24 UEFA Men’s Club Competition, according to a UEFA statement.

In a statement, Juventus stated that they had accepted the ruling and will not be challenging the penalty.
Juventus has stated that it will accept the ruling even if it continues to believe the alleged infractions are unimportant and its actions are right.

They argued that this did not “constitute admission of any liability against itself,” nonetheless.

Gianluco Ferrero, the president of Juventus, stated, “We regret the decisions of the UEFA Club Financial Control Body,” adding that the club would have liked “to put an end to a period of uncertainty.”
Ferrero emphasised the “uncertainty about a possible participation in the 2024/2025 season of the Champions League” that could affect an appeal process.

Juventus will probably be replaced in the Conference League by Fiorentina, who placed seventh in Serie A last year.

In another settlement reached on Friday, UEFA agreed to pay Chelsea 10 million euros in restitution for “submitting incomplete financial information” while Roman Abramovich was owner of the English Premier League team.

The club’s new owners “identified, and proactively reported to UEFA, instances of potentially incomplete financial reporting under the club’s previous ownership” between 2012 and 2019, according to a UEFA statement.
“Following its evaluation, which included the applicable statute of limitations, the CFCB entered into a settlement agreement with the club, which has consented to make a ten million dollar financial contribution.
euros to fully resolve the reported matters.”

Reference

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