UEFA withholds cash from six clubs
September 20, 2013
New Sportsbook.com customers: Make your 1st bet, get your 2nd bet free, 100%, winnings paid in cash.
Already have an account? Click here to view new Exclusive Rewards!
NYON, Switzerland (AP) - UEFA is withholding Champions League and Europa League prize money from six clubs over unpaid debts.
UEFA says they are Astra Ploiesti, Metalurh Donetsk, Hajduk Split, HSK Zrinjski, Skonto Riga and Trabzonspor.
Another 25 clubs, which UEFA did not name, must provide further information about apparent financial problems. All 31 have a Sept. 30 deadline.
The cases involve ``overdue payables,'' involving late payments of transfer fees, wages and social taxes.
UEFA says the provisional sanctions ``remain in force until all identified balances have been settled in full,'' or its club finance panel gives final verdicts.
UEFA says the hundreds of clubs it monitors owed $12.2 million in overdue payments by June 2013, compared to $77 million two years ago.
The Associated Press News Service
The Associated Press
All Rights Reserved
With a VI Gold Membership, you can SAVE 10%
off a Live Odds subscription, SAVE 20%
off Daily Pick packages, and recieve access to up to 1,000
Member Plays each month!