More
    HomeSportsUEFA dismisses Barcelona's appeal, maintains fine for violating financial rules.

    UEFA dismisses Barcelona’s appeal, maintains fine for violating financial rules.

    Published on

    On Friday, UEFA, the governing body for European football, confirmed a 500,000 euro ($537,000) fine imposed on Spanish champions Barcelona for violating their financial control rules. UEFA’s club financial control body (CFCB) stated that Barcelona inaccurately reported profits related to “the disposal of intangible assets” during the 2022 financial year. The fine had initially been issued by UEFA in July, and despite Barcelona’s appeal, it was upheld.

    Barcelona has faced significant financial challenges in recent years, resorting to selling a substantial portion of future television rights income in 2022 and other assets within the club to sustain player acquisitions and registrations in the short term.

    Latest articles

    Stakeholders condemn prolonged detention of Sylva’s brother, aides, allege political persecution

      Stakeholders under auspices of the Centre for Justice and Equity (CJE), have condemned the...

    Ilaje Community Asserts Ownership of Eba Island, Backs Oil Exploration with Conditions

      By Hosea Parah, Abuja   The leadership of Ilaje Mahin in Ondo State has reaffirmed that...

    Ilaje Mahin community in Ondo asserts ownership of Eba Island 

      The leadership and people of Ilaje Mahin, Ondo State, has reaffirmed its ownership of...

    Opposition Walkout Over Electoral Bill Normal Parliamentary Practice – Deputy Spokesperson

    The Deputy Spokesperson of the House of Representatives, Hon. Philip Agbese, has described Tuesday’s...

    More like this

    Stakeholders condemn prolonged detention of Sylva’s brother, aides, allege political persecution

      Stakeholders under auspices of the Centre for Justice and Equity (CJE), have condemned the...

    Ilaje Community Asserts Ownership of Eba Island, Backs Oil Exploration with Conditions

      By Hosea Parah, Abuja   The leadership of Ilaje Mahin in Ondo State has reaffirmed that...

    Ilaje Mahin community in Ondo asserts ownership of Eba Island 

      The leadership and people of Ilaje Mahin, Ondo State, has reaffirmed its ownership of...