UEFA withhold share of European prize money from 23 clubs

UEFA withhold Euro prize money
© PA Photos
UEFA refuse to award European prize money to the likes of Atletico Madrid and Sporting Lisbon due to the clubs' failure to pay off their debts.

UEFA have refused to share out European prize money to 23 clubs following their failure to pay the relevant tax bills and debts.

The decision was made in relation to the regulations of the financial fair play rules, which permit sanctions on clubs that have not paid debts.

The clubs affected include La Liga outfit Atletico Madrid as well as Malaga, Sporting Lisbon and Fenerbahce.

UEFA released a statement, which said: "The clubs participating in UEFA club competitions had to provide information regarding the status of any overdue payables as at June 30, 2012.

"The Club Financial Control Body investigatory chamber has identified that important overdue payables towards other clubs, and/or towards employees or social/tax authorities existed in 23 cases."

The relevant prize money will not be awarded to the clubs in question until a full investigation is completed.

Adrian
Read Next:
Adrian delighted with Atletico progress
>
You May Like
Recomended from Sports Mole

Loading ...

Failed to load data.

Tables
TeamPWDLFAGDPTS
1Barcelona1916305294351
2Atletico MadridAtletico1912612882042
3Valencia19124340192140
4Real Madrid1895432171532
5Villarreal199462621531
6Sevilla199282328-529
7Real Betis198383336-327
8EibarEibar198382431-727
9Getafe197572318526
10GironaGirona197572828026
11Celta Vigo197483327625
12Athletic Bilbao196762019125
13Leganes187381517-224
14Espanyol196671521-624
15Real Sociedad196583334-123
16Levante193971526-1118
17AlavesAlaves1960131427-1318
18Deportivo La CorunaDeportivo1944112137-1616
19Malaga1932141333-2011
20Las PalmasLas Palmas1932141446-3211
Login, I already have my ad-free pass
Log in with Facebook to customise Sports Mole
Buy ad-free access (show me the options)
Buy monthly ad-free access for £1.20/month
Buy yearly ad-free access for £12 (2 months free)
Settings - Logout - Manage your account
Settings - Logout - Manage your account