Lausanne, 28 March 2017 – The Court of Arbitration for Sport (CAS) has issued a consent award in the arbitration procedure between the Serbian football club FK Partizan and the Union of European Football Associations (UEFA) relating to the finding of the Adjudicatory Chamber of the UEFA Club Financial Control Body (CFCB AC) that FK Partizan had breached the UEFA Club Licensing & Financial Fair Play Regulations (CL&FFPR). The settlement agreement reached by the parties is embodied in the consent award, which concludes the CAS arbitration.
On 13 December 2016, the CFCB AC determined that FK Partizan had failed to satisfy the overdue payables requirements in the CL&FFPR (in particular, with regard to certain amounts owed to the Serbian tax authority). Accordingly, the CFCB AC decided to exclude the club from participating in the next UEFA club competition for which it would otherwise qualify in the next three seasons.
On 13 December 2016, the CFCB AC determined that FK Partizan had failed to satisfy the overdue payables requirements in the CL&FFPR (in particular, with regard to certain amounts owed to the Serbian tax authority). Accordingly, the CFCB AC decided to exclude the club from participating in the next UEFA club competition for which it would otherwise qualify in the next three seasons.
Following the opening of CAS proceedings, new evidence was presented which clarified FK Partizan's overdue payables position with the Serbian tax authority. On this basis, the parties have agreed that the exclusion imposed by the CFCB AC shall be deemed to have been made conditional on the club's timely payment of the other overdue payables identified as at 30 September 2016. Taking into account the fact that FK Partizan has satisfied this condition, the club will be eligible to compete in future UEFA club competitions.
By: Editor
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