A club that failed to comply with the CL&FFPR break-even requirement, and then failed to comply with a settlement agreement it had concluded with the UEFA CFCB, cannot invoke unforeseen sportive results as force majeure to avoid a sanction while the monitoring period is not elapsed.
On 6 May 2015, the Appellant entered into a settlement agreement with the UEFA Club Financial Control Body (CFCB) Chief Investigator, after the latter determined that the Appellant had failed to comply with the monitoring requirements set out in Articles 53 to 68 of the UEFA Club Licensing & Financial Fair Play Regulations (CL&FFPR), Edition 2015. Particularly, Karabükspor (the Club)...
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