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Financial fair play: sanctioned, OM will still play the Champions League

2020-06-19T23:08:37.432Z


For violating the rules of financial fair play, UEFA imposed a fine and penalties on the Marseille club, which may nevertheless


The verdict has fallen. For being in breach of financial fair play, Olympique de Marseille was fined 3 million euros, as announced by UEFA on Friday. The main thing is safe since the European body did not go so far as to deprive the 2nd of Ligue 1 from participating in the Champions League. In addition to the fine, the Judgment Chamber of the Club Financial Control Commission (ICFC) of the body decided to withdraw 15% of the sums that the club will collect for its participation in European competitions for 2020-2021 and possibly 2021- 2022, if qualified.

🔴 OFFICIAL! UEFA announces that OM has been fined € 3 million for violating the FPF.

Marseille will be cut by 15% of its revenues linked to the European Cup for the next two seasons.

In addition, the club can only register 23 players (against 25 max). pic.twitter.com/AewSrwTu7P

- Foot News (@ActuFoot_) June 19, 2020

Finally, the Marseille club will be subject to a limitation to 23 players qualified for the European Cup over the next three years, instead of 25. OM pays for the financial imbalance in its 2018-2019 accounts, which attracted the attention of the European body. On March 5, UEFA announced that the file had moved from the investigative to the trial chamber, as OM exceeded its negotiated deficit: the losses were not to exceed 50 million euros in June 2019, however, they were 91 million euros. Marseille had yet signed an agreement covering four seasons, until 2023, where it pledged to cut spending to achieve balance.

Already sanctioned during the last season

The previous season, OM was in deficit of 78.5 million euros and had already been sanctioned: 6 million euros withdrawn from its future gains in European cups, including 4 million euros conditional on compliance by the club of its commitments to the body. President Jacques-Henri Eyraud and his teams negotiated at length over financial fair play, with the manager making several trips back and forth to UEFA headquarters in Nyon (Switzerland). Discussions continued from a distance during the health crisis.

Eyraud defended his vision and that of the owner of the club, Frank McCourt: the first years were devoted to heavy investments to launch their project. The American businessman has already injected some 250 million euros into the club, bought in October 2016.

Source: leparis

All sports articles on 2020-06-19

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