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Galatasaray face further FFP trouble

SoccerNews in General Soccer News 18 Jan 2016

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Galatasaray are in danger of incurring UEFA sanctions after their Financial Fair Play case was referred to the governing body’s adjudicatory chamber.

The Turkish champions have “failed to comply with the break-even requirement during the monitoring period assessed in the 2015-16 season”, UEFA said in a statement released on Monday.

Galatasaray could face fines or even suspension from European competition when the UEFA Club Financial Control Body makes its decision next month.

Three other clubs have satisfactorily organised their finances and have consequently exited the CFCB’s settlement regime.

Hull City, Panathinaikos and Sporting Lisbon “were found to have fully complied with the terms of their agreements”, UEFA said.

Hapoel Tel-Aviv, Ruch Chorzow, Rostov and Kardemir Karabukspor will all continue to have their finances monitored and a further update will be provided in March.

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