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Football-legal
10
Feb
2026
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Football Legal
CAS
Cases
International

MCO: CAS 2025/A/11566 FK DAC 1904, A.S. v. UEFA


CAS 2025/A/11566 FK DAC 1904, A.S. v. UEFA
Date of the decision: 2025-10-31
Arbitrator(s): Mark Hovell Bernhard Welten Raphaëlle Favre Schnyder

Under Swiss Law, association rules become binding upon their members when adopted by the competent body in accordance with statutes and proper communication. This is based on the principle of association autonomy. The requirements, thereby, are adoption by the competent body, compliance with the statutes, proper communication and respect for overriding legal principles such as good faith and proportionality.

Facts and Procedure

 

FK DAC 1904 (DAC or Appellant) and Gyori (collectively, the Clubs) are part of the same Multi-Club Ownership (MCO) structure within the Dutch group, STAK,[1] which is a foundation incorporated under Dutch Law to separate legal ownership from economic ownership of shares.

In this context, the MCO Rules, as introduced by UEFA are as follows:

  • The assessment date for UEFA Club Competition (UCC) Regulations was 3 June 2024 for the 2024-2025 season.
  • Pursuant to the amendment...
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Topics
  • CAS
  • Financial control
  • UEFA
Related Regulation(s)
  • UEFA Statutes  - Ed 2024
Keywords
  • UEFA
  • Court of Arbitration for Sport (CAS)
  • Financial control
  • Multi-Club Ownership (MCO)
  • UEFA Club Financial Control Body (CFCB)
  • UEFA Regulations
Find out more
  • CAS Confirms Multi-Club Ownership Decision:  FK DAC 1904 Will not Compete in Europe in the 2025-2026 season
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