Barcelona's Uphill Battle Against UEFA Financial Penalty

Barcelona's appeal against a €500,000 fine by UEFA for Financial Fair Play breaches has been dismissed by the Court of Arbitration for Sport. The club was fined for misreporting profits on intangible assets, and the panel deemed the fine as a mild deterrent for future violations.


Devdiscourse News Desk | Updated: 18-10-2024 23:09 IST | Created: 18-10-2024 23:09 IST
Barcelona's Uphill Battle Against UEFA Financial Penalty
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Barcelona's appeal against a €500,000 penalty for breaking UEFA's Financial Fair Play regulations has been dismissed, according to the Court of Arbitration for Sport.

The Catalan club, which contested UEFA's decision last year, faced scrutiny for misreporting profits on the sale of intangible assets in 2022.

Despite extensive arguments from both parties, the panel concluded that the fine is a mild deterrent, insufficient to prevent a club like Barcelona from future violations.

(With inputs from agencies.)

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