Juventus excluded from European competitions for one year and fined 10 million. In its place Fiorentina

John

By John

Juventus excluded from UEFA competitions for the 2023/2024 season. The decision comes from the First Chamber of UEFA’s financial control body (CFCB) which established that “the Juventus club violated the regulatory framework and the settlement agreement signed in August 2022. As a result, the First Chamber of the CFCB resolved the settlement agreement concluded with the club”, decreeing the consequent «exclusion from competitions for the 2023-2024 season». In his place there will be Fiorentina

Furthermore, the company is sanctioned with «a further financial contribution of 20 million euros. Of this amount, €10 million is conditional and will only be applied if the club’s annual accounts for the financial years 2023, 2024 and 2025 do not comply with the accounting requirements defined by the regulation for club licensing and UEFA financial sustainability.

The club: “We won’t appeal”

“Juventus, while continuing to consider the alleged violations to be inconsistent and its actions to be correct, has declared that it accepts the decision by renouncing the appeal, expressly excluding, and the Uefa Cfcb taking note of it, that this could constitute an admission of any liability against it ». Juventus writes this in a note, after the First Chamber of the UEFA club financial control body took today the decision with which it definitively closed the procedure started on 1 December 2022 aimed at verifying compliance with the UEFA regulatory framework.