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Showing posts from July 28, 2023

Juventus handed a one-year ban from European competitions by UEFA

UEFA banned Juventus from competing in the European competitions in the upcoming 2023-24 season Friday, which means the Bianconeri won't play in the UEFA Conference League this year. The European soccer governing body have announced the expected decision on Friday and the Italian side announced that they won't appeal against the decision.  At the same time UEFA announced that the Italian club will have to pay an "additional financial contribution of €20 million. Of this amount, €10 million is conditional and will only be enforced if the club's annual financial statements for the financial years 2023, 2024 and 2025 do not comply with the accounting requirements as defined in Annex G of the UEFA Club Licensing and Financial Sustainability Regulations". Juventus received a 10-point deduction in the 2022-23 Serie A season after the Italian club were found guilty by the Italian FA appeals court (Corte d'Appello) for rules violations. With the points deducted, Juven

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