UEFA imposes fine on Galatasaray!
UEFA has fined 11 clubs, including Galatasaray, on the grounds that they have overdue debts.
The UEFA Club Financial Control Body (CFCB) has completed its assessment regarding the "no overdue payables" requirements defined in the UEFA Club Licensing and Financial Sustainability Regulations.
In the CFCB's assessment, it was determined that some clubs, including Galatasaray, did not meet the criteria for no overdue payables in March for club licensing and participation in UEFA club competitions.
The First Chamber of the CFCB imposed the following fines on 11 clubs on the grounds that they had overdue payables and/or reported incorrect debt information:
Porto (Portugal): 1.5 million Euros
CSKA Sofia (Bulgaria): 450 thousand Euros
Vitoria (Portugal): 200 thousand Euros
Dinamo Tbilisi (Georgia): 80 thousand Euros
Braga (Portugal): 40 thousand Euros
Partizan (Serbia): 40 thousand Euros
Galatasaray (Turkey): 30 thousand Euros
Real Betis (Spain): 30 thousand Euros
Ordabasy (Kazakhstan): 20 thousand Euros
Riga (Latvia): 10 thousand Euros
Auda (Latvia): 10 thousand Euros
News Source: 12punto
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