UEFA excludes Juventus from European competitions

The First Chamber of the UEFA Club Financial Control Committee (CFCB) announced this Friday to exclude Juventus from the Conference League for possible infringements of the Club Licensing and Financial Fair Play regulations of the body chaired by Aleksander Ceferin.

“The First Chamber of the CFCB concluded that Juventus violated the UEFA regulatory framework and breached the resolution agreement signed in August 2022. Consequently, the First Chamber of the CFCB rescinded the resolution agreement entered into with the club and decided to exclude Juventus from the 2023/24 UEFA club men’s competition,” UEFA said in an official statement.

In addition, it will impose on the Italian club an “additional financial contribution of 20 million euros, of which 10 are “conditional” and will only be executed if Juventus’ annual financial statements for the years 2023, 2024 and 2025 “do not meet the requirements accounting standards defined in Annex G of the UEFA Club Licensing and Sustainability Regulations”.

Juventus will not appeal the sentence announced today by the Committee: “We do not share the interpretation that has been given to our defense theses and we remain firmly convinced of the correctness of our actions and the validity of our arguments. However, we have decided not to appeal this ruling,” the president, Gianluca Ferrero, said in a statement.