23 June 2016 – The Court of Arbitration for Sport (CAS) has rendered its decision in the arbitration procedure between the Turkish club Galatasaray SK and the Union of European Football Associations (UEFA). The appeal filed by Galatasaray SK has been dismissed and the decision rendered by the UEFA Club Financial Control Body (CFCB) Adjudication Chamber on 2 March 2016 has been confirmed. As a consequence, Galatasaray SK remains excluded from participating in the next UEFA club competition for which it would qualify in the next two seasons (i.e. the 2016/2017 and 2017/2018 seasons).
On 11 March 2016, Galatasaray SK filed an appeal at the CAS to request the annulment of the decision issued by the UEFA CFCB Adjudication Chamber which determined that the Turkish club did not comply with the Agreement entered into with the CFCB Chief Investigator on 16 May 2014. Such Agreement has been signed after the CFCB Chief Investigator found that the club had breached the UEFA Club Licensing and Financial Fair-play Regulations.
Galatasaray SK challenged the legality of the UEFA Club Licensing and Financial Fair-play Regulations. A hearing took place on 16 June 2016 in the presence of the parties’ representatives.
The CAS Panel in charge of this matter has dismissed the appeal and has confirmed that the UEFA Club Licensing and Financial Fair-play Regulations had been properly applied by the UEFA CFCB Adjudication Chamber in the present case.
The arbitral award with the grounds will be notified to the parties concerned in a few weeks and will be published on the CAS website.