TheOriginalWinger: Malaga ‘Excluded From Participating In The Next UEFA Club Competition’ Over Unpaid Player Wages

TheOriginalWinger A Soccer Culture

Malaga 'Excluded From Participating In The Next UEFA Club Competition' Over Unpaid Player Wages Dec 21st 2012, 14:54 via UEFA The UEFA Club Financial Control Body (CFCB) adjudicatory chamber has met in Nyon, Switzerland, and has taken its first decisions in the cases of nine clubs that had been referred to it by the CFCB chief investigator, due to the presence of significant overdue payables balances. The decisions of the CFCB adjudicatory chamber are as follows: Málaga CF (ESP): The club is excluded from participating in the next UEFA club competition for which it would otherwise qualify in the next four seasons (i.e. 2013/14, 2014/15, 2015/16, 2016/17). In addition, Málaga will be excluded from a subsequent UEFA competition for which it would otherwise qualify (in the next four seasons) if it does not prove, by 31 March 2013, that it has no overdue payables towards football clubs or towards employees and/or social/tax authorities, in accordance with the UEFA Club Licensing and Financial Fair Play Regulations. Málaga has also been fined €300,000. The prize money withheld on 11 September 2012 (as a conservatory measure) will be released.

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