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Three clubs exit settlement agreement with CFCB

Club Financial Control

The CFCB Investigatory Chamber has provided updates on the settlement agreements signed with 14 clubs.

Three clubs exit settlement agreement with CFCB
Three clubs exit settlement agreement with CFCB ©UEFA.com

The UEFA Club Financial Control Body (CFCB) Investigatory Chamber, headed by chief investigator Yves Leterme, has provided updates on the monitoring of the settlement agreements signed with 14 clubs uefa.to/1gaQjKo.

The CFCB Investigatory Chamber confirmed that GNK Dinamo Zagreb (Croatia), whose settlement agreement was concluded last year; Manchester City FC (England) and Paris Saint-Germain (France), whose settlement agreements were signed back in May 2014, have fully complied with all the requirements and overall objective of their agreements. Consequently, they have all exited the settlement regime.

The CFCB Investigatory Chamber further confirmed that AS Monaco FC (France), AS Roma (Italy) and Fenerbahçe SK (Turkey) have complied with the targets set for season 2016/17. The settlement regime will continue to apply for season 2017/18 for both AS Monaco FC and AS Roma; and up to and including season 2019/20 for Fenerbahçe SK, as originally foreseen.

The CFCB Investigatory Chamber also concluded that FC Internazionale Milano (Italy) Beşiktaş JK (Turkey), and Trabzonspor AŞ (Turkey) only partially fulfilled the targets set for season 2016/17. As a consequence, the foreseen conditional sporting measures, such as the limitation on the number of players that may be included in the List A and the transfer restrictions, will not be lifted and will continue to apply in the following seasons as specified in each respective agreement.

Finally, the monitoring of the remaining clubs having signed settlement agreements – FC Astana (Kazakhstan), FC Krasnodar (Russia), FC Lokomotiv Moscow (Russia), FC Rubin Kazan (Russia) and FC Zenit (Russia) – is currently ongoing and further communication, together with information on the monitoring of all other clubs having taken part to the UEFA club competitions 2016/17, will follow at the end of May.