Skip to main content

UEFA bans Turkish club Trabzonspor

Stay home.. Stay safe.. We have got you covered..

Turkish Super Lig leaders, Trabzonspor has been handed a one year ban by the Union of European Football Associations (UEFA) for breaching its Financial Fair Play regulations. 

The European football governing body said this on Wednesday June 3 in a statement which revealed that the  Turkish club “failed to be break-even compliant as required by a settlement agreement, which it entered into on 20 May 2016”. 

The ban would be applied if the club qualifies for European soccer next season or in 2021-22, but would not be implemented after that. The statement reads in part; 

"On 5 July 2019, the UEFA Club Financial Control Body (CFCB) Adjudicatory Chamber determined that Trabzonspor A? (TUR) failed to be break-even compliant as required by a settlement agreement, which it entered into on 20 May 2016 and sanctioned the club with a conditional exclusion from participating in one (1) UEFA club competition for which it would otherwise qualify in the 2020/21 and 2021/22 seasons," UEFA said in a statement.
"The sanction would not take effect if the club fulfilled certain conditions, including meeting a target with respect to its financial results for the 2019 financial year.

"The CFCB Adjudicatory Chamber has now determined that Trabzonspor A? failed to meet the target fixed for the 2019 financial year.

"As a result, the CFCB Adjudicatory Chamber has ordered that the club be excluded from participating in one (1) UEFA club competition for which it would otherwise qualify in the 2020/21 and 2021/22 seasons."

The FFP rules were introduced in 2011 and were designed to stop teams spending more than they generate themselves, a move aimed mainly at stopping rich club owners from buying success with large cash injections.

AC Milan and Manchester City have both been barred from European football for breaking the rules, although the latter have appealed to the Court of Arbitration for Sport (CAS).

Trabzonspor who have not played since mid-March due to the Coronavirus pandemic, are level on points with Istanbul Basaksehir at the Super Lig summit with eight games remaining.

Comments

Popular posts from this blog

#JusticeForUwa: UNIBEN student raped and murdered inside a church (graphic photos)

A 100-level Microbiology student of the University of Benin (UNIBEN), Uwaila Omozuwa has been confirmed dead after being raped and beaten inside her local church. The 22-year-old student who goes to read everyday at The Redeemed Christian Church of God, Edo Province 10, Ikpoba Hill, Benin, was attacked with a fire extinguisher by unknown men on Wednesday, May 27.  A family source said Uwaila died on Saturday midnight at the University of Benin Teaching Hospital (UBTH) where she was rushed to after the attack.  He said; “The church’s security officer had gone to collect the keys to the church from its keeper when he was told that there was someone in the church already. "He got to the church only to find Uwaila in a pool of blood  and next to her was the fire extinguisher which was used to bash her face. "He ran back to inform the key keeper and his wife, who went to the church to meet her lifeless, thinking she was dead. Afte...

Governor Bello lifts lockdown in Kabba Bunu, insists Kogi is COVID-19 free

The lockdown imposed on Kabba-Bunu Local Government Area of the state over suspected cases of Coronavirus (COVID-19), has been lifted by the Kogi state government.  Governor Yahaya Bello who made the announcement at the Government House in Lokoja on Friday June 5, said the decision of lifting the lockdown in the local government area was reached after samples which were tested came back negative.  The Governor who insisted that Kogi state still  remains a COVID-19-free state, urged residents of the state to observe protocols of the World Health Organisation (WHO) and the Nigeria Centre for Disease Control (NCDC) to curb the spread of the disease. This is coming days after the NCDC announced that two Coronavirus cases were confirmed in the state. Dino Melaye also confirmed this by revealing that he knows one of the patients. 

Shoprite leaving Nigeria; what impact will it create for Nigerians?

It is no longer news that Shoprite, Africa’s largest retailer has considered a potential divestment from its Nigerian operation. But the big question is, can the local retailers and manufacturers deal with the unbeatable price equilibrium which Shoprite has maintained in the last 15 years?  Despite the fact that economic and investment experts argue that the greatest impediment to Nigeria’s economic growth and development is due to the activities of multinational companies in the country, it can however be deduced that these companies have provided more services than any other domestic retailer in history. Their place has kept price levels at a very good position over the years and that explains why most Nigerians are happy patronizing them. In the telecommunications industry, Globacom has become a pain in the ass of many Nigerians. The idea behind the activities of Globacom is to bridge the gap between the two important classes in the society and obviously they have not achieved a...

French champions, PSG confirm £52m signing of Mauro Icardi from Inter Milan following successful loan spell

French champions, Paris St-Germain have confirmed the signing of striker Mauro Icardi from Inter Milan following his successful loan spell. The Argentina international, 27, signed a four-year deal with PSG which runs until June 30, 2024, after the French club agreed to pay a fee of €50m (£45m) with €7m (£6.2m) in add-ons for Icardi, who first joined them on loan from Inter on September 2. Icardi scored 20 goals in 31 matches in all competitions before the French season was officially ended on 30 April because of the Coronavirus pandemic. A statement issued by the Inter Milan club on Sunday, read: ' The statement read: 'FC Internazionale Milano announces the transfer of Mauro Icardi to Paris Saint-Germain FC: the striker, born in 1993, has permanently moved to the French club. 'The Club thanks the player for the six seasons he spent with us and wishes him the best for his future professional career.' PSG also released a statement, saying: ' Paris S...

Did COVID-19 Help Companies Realize Working From Home Is Viable?

Have you ever heard that sentence — “there goes another meeting that could’ve been an email?” Well, it’s pretty much the same with certain jobs that people can do from home, yet employers still insist on their presence in the office. It’s unclear as to why these companies insist on having workers spend both their time and money to go to a place that’s in no way different than their own home and do a job that requires no special tools or equipment. According to recent freelance statistics,  94% of freelancers are happy with their work ; making it all the more puzzling as to why companies spend large sums of money on renting or buying office buildings, not to mention the ongoing utility costs. The global COVID-19 pandemic forced many an employer to let their employees work from home, whether they like it or not.  Related:    5 Major Reasons Why Every Small Business Should Have a Website. Before the crisis,  7% of American workers , or roughly 10 mil...

Massive explosion shakes Lebanon's capital Beirut (videos)

A massive explosion erupted in Lebanon's capital Beirut on Tuesday, August 4.    The afternoon blast shook several parts of the capital with Local Red Cross reporting hundreds injured and widespread damage.   Local TV stations reported the blast was at Beirut's port inside an area where firecrackers were stored, while an Associated Press photographer near Beirut's port said he witnessed people wounded on the ground and widespread destruction in central Beirut.   Watch the videos below.