Juventus have been kicked out of this season’s Europa Conference League by Uefa and fined for breaching Financial Fair Play (FFP) rules.
European football’s governing body has also fined Chelsea for breaching FFP rules as a result of “submitting incomplete financial information”.
Uefa says the matter relates to transactions which took place between 2012 and 2019.
Juventus have been fined £17.14m, while Chelsea have been fined £8.57m.
The Italian club will only have to pay half of their fine if their financial records for the next three years comply with regulations, while Chelsea have already agreed to pay the settlement figure.
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The Blues have spent around £600m on 19 new players since new owner Todd Boehly took charge of the club in May 2022, but their fine relates to a seven-year period while Roman Abramovich had control of the club.
Uefa said: “Following the club’s sale in May 2022, the new ownership identified, and proactively reported to Uefa, instances of potentially incomplete financial reporting under the club’s previous ownership.”
Following Juventus’ expulsion from the Europa Conference League, the Italian Football Federation (FIGC) will inform Uefa of the club that will replace them in the competition.
Fiorentina is expected to take their spot, having finished eighth in Serie A last season. Fiorentina reached the final of the competition but was defeated by West Ham.
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This is not the first time Juventus has faced repercussions for financial issues. Previously, the club was fined 718,000 euros (£620,000) in a settlement agreement with Italian football authorities over a case related to player salary payments.
Additionally, Juventus received a 10-point deduction in Serie A last season following an investigation into their past transfer dealings.
The initial 15-point penalty was overturned by Italy’s highest sporting court in April, prompting a re-examination of the case.
The consequences of the sanctions meant Juventus narrowly missed out on qualifying for the next season’s Champions League, finishing fourth in Serie A.
