UEFA fines Galatasaray six million euros for not complying with break-even requirement

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UEFA fines Galatasaray six million euros for...
 © Parikiaki 2018
ISTANBUL (Reuters) – Galatasaray have been fined six million euros (£5.2 million) for not complying with UEFA’s break-even requirement, European football’s governing body said on Wednesday.

Under a new agreement between UEFA and Galatasaray, the club will need to reach full break-even compliance by monitoring period 2021-2022, the Club Financial Control Body said in a statement on UEFA’s website  here .html.

Galatasaray will need to report a maximum break-even deficit as forecast in their 2018 financial year report, it said. The maximum deficit will be 20...


This article was automatically added to our system 14-6-2018

UEFA fines Galatasaray six million euros for not complying with break-even requirement


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