Juventus will not play in Europe next season after being banned over breaches of UEFA's Club Licencing and Financial Fair Play rules, while Premier League side Chelsea will pay 10 million euros (S$14 million) for submitting incomplete financial information, Europe's soccer governing body said on Friday (July 28). The UEFA Club Financial Control Body (CFCB) opened a formal investigation into.
Juventus was removed from European competition next season and Chelsea was fined $11 million in separate UEFA rulings over financial rules breaches on Friday. The expulsion of Juventus from the third-tier Europa Conference League was expected because of a false accounting case that already saw the two-time European champion deducted 10 points in Serie A. That penalty dropped Juventus out of Champions League qualification places. Juventus' spot in the Europa Conference League should go to Fiorentina in the playoffs round starting on Aug. 24.