GENEVA, March 2. / TASS /. Union of European Football Associations (UEFA) has dismissed the Turkish “Galatasaray” to participate in competitions under the auspices of the Organization for one year. It is reported by the press service of UEFA.
It is noted that the club did not fulfill the conditions of the financial fair-play in regulating the permissible level of financial losses.
In a press release UEFA reported that the suspension applies for the next two seasons (2016/17 and 2017/18). If the Turkish club on the basis of domestic championship does not get the right to speak in European competition next season, but will get the season-2017/18 authorization still takes effect. Earlier, Turkish media reported that in the season-2016/17 the penalty may be canceled.
“Galatasaray” is also required to limit the amount of payments to players for two periods (2016-2017.)
In today’s Turkey championship “Galatasaray” ranked fifth. In European competition season 2016/17 will be released clubs ranked from first to fourth in the national championship as well as the winner of the national cup. In Turkey Cup “Galatasaray” is waiting for the return match 1/4 finals with “Akhisar Belediye” after guest victory 2:. 1
In this season’s Europa League, “Galatasaray” has stopped speaking to stage 1/16, yielding Italian “Lazio” on aggregate (1: 1 home, 1: 3 away).
Rule of fair-play suggests that clubs can not buy players to spend more than they earn. If you violate the rules of the clubs have to pay fines, reaching in some cases up to several tens of millions of dollars. financial fair-play project was approved by the UEFA Executive Committee in September 2009. New economic rules for European clubs to take effect with the season-2014/15.
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