Juventus FC was banned from competing in UEFA club competitions in the 2023/24 season, Europe's main football governing body announced on Friday, APA reports citing Teletrader.
After an investigation into potential breaches of the UEFA Club Licensing and Financial Fair Play regulations, the Italian club was fined €20 million, of which €10 million is contingent on Juventus's compliance with the financial rules over the next three years.
In addition, Chelsea FC was fined €10 million today over "submitting incomplete financial information."
Source: Azeri-Press News Agency