Juve kicked out of Europe for 2023-24 due to FFP breaches; Chelsea fined €10M

UEFA banned Juventus from playing in European competition for the 2023-24 season and fined the club up to €20 million on Friday for violating a previous settlement agreement and breaching Financial Fair Play rules.

Juve had qualified for the Europa Conference League courtesy of a seventh-place finish in Serie A last season. A 10-point deduction for false accounting, which the Italian football federation issued in May, dropped the Bianconeri from fourth to seventh place.

Chelsea also received a €10-million fine for “submitting incomplete financial information.” UEFA said the club’s new ownership group “proactively reported” the financial anomalies to the governing body and determined they had occurred under previous owner Roman Abramovich between 2012 and 2019.

The Italian football federation previously ruled that Juventus inflated the value of player sales to remain compliant. The scandal, prompted by public prosecutors in Turin, forced former president Andrea Agnelli, vice preside

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