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UEFA upholds Barcelona’s financial ban despite appeal

Despite Barcelona’s appeal, the UEFA Club Financial Control Body (CFCB) Appeals Chamber has upheld the €500,000 fine imposed for breaching UEFA’s financial reporting regulations.

In July, the CFCB First Chamber penalized Barcelona for inaccurately reporting revenues related to the sale of intangible assets, excluding player transfers, which were not considered relevant income for the fiscal year 2022. The specifics of the falsely claimed revenues have not been disclosed by UEFA.

Furthermore, a second UEFA investigation is ongoing, which is related to allegations that the club made payments to a former VP of Spain’s referees committee, Jose Maria Enriquez Negreira.

According to reports dating back to February, Barcelona made numerous payments to companies owned by Negreira between 2001 and 2018.

The fine remains in place, and Barcelona will proceed with their La Liga campaign, visiting Anoeta Stadium to face Real Sociedad on Saturday, November 4.

Ethan Dempsey
Ethan Dempsey
Ethan is a lifelong football fan. When he is not obsessing over the Premier League games, Ethan likes to read fantasy tomes, watch football documentaries and waste hours upon hours on video games.


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