UEFA relax multi-club ownership rules, allow Milan and Villa to compete in Europe

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

UEFA's Club Financial Control Body (CFCB) has cleared the way for several teams to compete in next season's competitions after Europe's soccer governing body relaxed its rules on multi-club ownership, it said on Friday.Aston Villa and Vitoria Sport Clube, Brighton & Hove Albion and Royal Union Saint-Gillo

UEFA's Club Financial Control Body has cleared the way for several teams to compete in next season's competitions after Europe's soccer governing body relaxed its rules on multi-club ownership, it said on Friday.

"Following the implementation of significant changes by the clubs and their related investors, the CFCB First Chamber accepted the admission of the aforementioned clubs to the UEFA club competitions for the 2023-24 season," UEFA said. Furthermore, no one person has the power to be"simultaneously involved" in management, administration and/or sporting performance of any club and they must not have any"control or decisive influence" over more than one club.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Final Ariane 5 blasts off amid Europe rocket crisisThe launch had been postponed twice. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

Ariane 5 lifts off on last mission as Europe faces space gapEurope's Ariane 5 rocket on Wednesday blasted off from French Guiana for the final time, carrying two military communications satellites and leaving its nations with a vacuum in autonomous access to space for the first time in more than four decades.The 53-metre-tall, three-stage launcher left the launch
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Belarus leader says: I'm not the last dictator in EuropeMINSK: Belarusian President Alexander Lukashenko dismissed on Thursday (Jul 6) a description that he was 'Europe's last dictator', saying that he was not a dictator but that if he were, he would certainly not be the last. Lukashenko, 68, has ruled Belarus with an iron fist since 1994 and in an interview wi
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Milan and Monza establish Silvio Berlusconi Trophy to honour late ownerSerie A clubs AC Milan and Monza announced on Thursday the establishment of the Silvio Berlusconi Trophy, an annual friendly match between the teams that will honour the late former Prime Minister of Italy.Berlusconi died last month at the age of 86 after suffering from leukaemia and developing a lung inf
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Analysis:China slowdown prompts export-reliant Europe stocks rethinkLONDON : A lack of clarity on Beijing's planned stimulus measures will mean a mixed appetite for European stocks over the rest of 2023, investors say, with China the EU's third biggest export market.From high-end cars to luxury watches, Europe's consumer discretionary and staples, technology, industrials
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Slovakia defender Skriniar joins PSG on five-year dealParis St Germain signed Milan Skriniar on a free transfer on Thursday (Jul 6), with the Slovakia defender agreeing a five-year deal with the Ligue 1 champions after his contract with Inter Milan expired in June. Skriniar joined Inter from Sampdoria in 2017 and made nearly 250 appearances in Serie A, the Co
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »