Serie A giants Juventus have, on Friday, been hit with not one, but two punishments courtesy of UEFA.
This comes owing to breaches of rules and regulations surrounding both club licensing and Financial Fair Play.
As per UEFA a statement released by UEFA, European football’s governing body, Juventus “violated UEFA’s regulatory framework and breached the settlement agreement signed in August 2022.″
The Bianconeri, as a result, will be forced to sit out the upcoming edition of the Europa Conference League.
Not only that, but they have too been slapped with a fine of €20 million, half of which is conditional, only set to be enforced in the case of ‘irregularities in Juventus’ annual financial statements for 2023, 2024 or 2025′, according to The Athletic.
Juve’s Conference League ousting means that Fiorentina are in line to take their place in the 2023/24 edition of the competition, with Aston Villa also primed to benefit in moving from the un-seeded to seeded pots for the upcoming qualification playoffs.
After being accused of inflating player transfer fees, the Old Lady of Italian football were also hit with a 15-point Serie A penalty back in January.
The sanction was later reduced to 10 points, but nevertheless proved the decisive factor in keeping Massimiliano Allegri’s troops out of the Champions League spots in Italy’s top-flight.
Juventus have been handed a one-year ban from European competitions by UEFA for breaches of club licensing and financial fair play.
The Italian club have also been fined €20million.
✍️ @JamesHorncastle https://t.co/HmnpYmsjaZ
— The Athletic | Football (@TheAthleticFC) July 28, 2023
Kai Havertz reveals difference between Arsenal & Chelsea plus his preferred position
Revealed: Ousmane Dembele’s surprisingly low clause which PSG are ready to pay
