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UEFA withholds prize money from 23 clubs
Published in The Saudi Gazette on 12 - 09 - 2012

LONDON — Europa League winner Atletico Madrid was among 23 clubs to have prize money withheld as European soccer's governing body UEFA revealed the first sanctions under its financial fair play rules Tuesday.
UEFA said the clubs, who also include Qatari-owned La Liga side Malaga and Portugal's Sporting, were found to have “important” overdue payments to other teams, their own employees or social and tax authorities.
As a result their money for taking part in European competition would be withheld pending further investigation, UEFA said in a statement.
The clubs will have to provide an updated report on Sept. 30 to a UEFA committee led by former Belgian prime minister Jean-Luc Dehaene.
“This ... measure will remain in force until all identified balances have been settled in full or until a final decision by the (UEFA committee) is taken,” said UEFA.
Among other clubs under investigation are Dinamo Bucharest and Rapid Bucharest of Romania, Turkey's Fenerbahce and Serbia's Partizan Belgrade.
All are involved in this season's UEFA competitions. There were no clubs from the English Premier League, German Bundesliga, Italy's Serie A or France's Ligue 1 among the clubs named.
UEFA approved the introduction of the far-reaching financial fair play rules in 2009 in a bid to reduce debt and introduce better and more transparent financial dealings among clubs playing in its competitions.
UEFA President Michel Platini said the measures have been introduced to stop clubs from spending their way into oblivion and to force them to live within their means.
They are also intended to stop wealthy owners from trying to buy success with limitless spending on players, distorting the transfer market in the process.
Transfer fees and outgoing payments have been monitored since the start of the 2011-12 season with clubs tasked with breaking even in 2012 and 2013 and being assessed during the 2013-14 season.
If clubs have not come into line by then, they could be thrown out of European competition.
UEFA will share $127.82 million among the clubs who released players for the Euro 2012 soccer Finals and qualifying competition. The amounts range from 3.095 million euros ($3.596 million) in the case of Bayern Munich to a more modest 3,494 euros for English lower-tier club Barnsley, Finland's Jyvaskyla and Turkey's Bucaspor.
A total of 575 clubs will benefit from the so-called solidarity payments, which are regarded as a form of compensation for the time players spend away from their clubs when they represent their country.
It follows an agreement between UEFA and ECA, which represents around 200 European clubs, signed in March.
The other top beneficiaries were Real Madrid (2.996 million euros), Barcelona (2.210 million), Manchester City (2.069 million) and Juventus (2.023 million).
Inter Milan, whose squad is largely made up of South American players, received a modest 301,445 euros, less than the Czech Republic's Viktoria Plzen, who received 465,390.
Clubs are rewarded for each player called up by a national team with the exact amount depending on how long the player spends with the team and other factors. — Agencies


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