UEFA in Euro ban threat Thursday 12 February, 2004
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UEFA have warned debt-ridden clubs that they could face expulsion from European competitions.
New chief executive Lars-Christer Olsson says that sides found guilty of "financial doping" may be banned from the Champions’ League and the UEFA Cup.
"Too many clubs plan as if they are playing in Europe even though not that many actually qualify," he told the Financial Times.
"We are determined to be firm about this system. In future, clubs will not be allowed to have significant debts to players or any related party.
"What has happened in many cases until now is that too many clubs have been indulging in 'financial doping', recruiting players but not paying their debts, and sometimes not paying salaries.
"Now, they will have to prove they have sound finances to play in our competitions."
Olsson’s warning was directed at all European clubs but a number of Italian sides in particular could be affected.
Peninsula outfits already have to pass certain financial criteria at the start of each campaign to be registered for the new season.
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Haha a new way of killing of Roma
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UEFA have warned debt-ridden clubs that they could face expulsion from European competitions.
New chief executive Lars-Christer Olsson says that sides found guilty of "financial doping" may be banned from the Champions’ League and the UEFA Cup.
"Too many clubs plan as if they are playing in Europe even though not that many actually qualify," he told the Financial Times.
"We are determined to be firm about this system. In future, clubs will not be allowed to have significant debts to players or any related party.
"What has happened in many cases until now is that too many clubs have been indulging in 'financial doping', recruiting players but not paying their debts, and sometimes not paying salaries.
"Now, they will have to prove they have sound finances to play in our competitions."
Olsson’s warning was directed at all European clubs but a number of Italian sides in particular could be affected.
Peninsula outfits already have to pass certain financial criteria at the start of each campaign to be registered for the new season.
-------------------------------------------
Haha a new way of killing of Roma
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