UEFA Club Licensing and Financial Fair Play Regulations . . . must prove that as at 31 July and as at 30 September of the year in which the UEFA club competitions commence it has no overdue payables towards other football clubs (as defined in Annex
the Licence applicant, as at 31 March preceding the Licence . . . The Licence applicant must prove that it has paid, by and no later than the following 31 March: 1 Contractual and legal obligations due towards its employees as at 31 December (inclusive) preceding the Licence season, or that by and no later than the same date (31 March): has contested a claim or a proceeding opened against it
UEFA’s sustainability rules - Blaser Mills Law The no overdue payables rule promotes solvency and protects the integrity of competitions by requiring clubs to settle payables to football clubs, employees, social tax authorities, and UEFA by specific deadlines Clubs with overdue payments may face sanctions
Financial Fair Play 2. 0: The UEFA Club Licensing and . . . The new rules provide for an additional deadline (31 December), such that clubs must now settle, and prove that they have settled, overdue payables three times per license season 5 The FSR also allow clubs an extra fifteen days to meet their obligations in respect of overdue payables
Your guide to overdue payables in football | Sports Shorts In order for a club to be considered to have overdue payables under Article 12bis, the creditor must have put the debtor club in default in writing and have granted a deadline of at least ten days for the debtor club to comply with its financial obligations