Floriana's prize money released

The UEFA Club Financial Control Body (CFCB) investigatory chamber has released prize money payments for 16 teams involved in the 2012/13 UEFA club competitions, including Floriana.

Sixteen of the 23 clubs that had the payment of prize money from the 2012/13 UEFA competition season temporarily suspended by the UEFA Club Financial Control Body’s (CFCB) investigatory chamber have had their suspensions lifted, after the body’s review process adjudged that the necessary financial requirements had been implemented.

As a conservatory measure, the investigatory chamber had temporarily suspended the distribution of prize money, as information provided by the clubs to meet the deadline of 30 June 2012 revealed the presence of significant overdue payables balances.

However, based on new information provided by the clubs to meet the subsequent deadline of 30 September 2012 and following its investigations, the CFCB decided, given that no overdue payables balances remained, to close the cases involving the 16 clubs. As a result, conservatory measures affecting the following teams have been lifted with immediate effect: FK Željezničar (BIH), FK Sarajevo (BIH), FK Borac Banja Luka (BIH), PFC CSKA Sofia (BUL), Club Atlético de Madrid (ESP), Maccabi Netanya FC (ISR), FK Shkëndija 79 (MKD), Floriana FC (MLT), FK Budućnost Podgorica (MNE), FK Rudar Pjevlja (MNE), Ruch Chorzów (POL), Sporting Clube de Portugal (POR), SC Vaslui (ROU), FC Rubin Kazan (RUS), Fenerbahçe SK (TUR) and Eskişehirspor (TUR).

The investigatory chamber also decided to refer the cases involving HNK Hajduk Split (CRO), NK Osijek (CRO), Málaga CF (ESP), FC Rapid Bucureşti (ROU), FC Dinamo Bucureşti (ROU), FK Partizan (SRB) and FK Vojvodina (SRB) to the adjudicatory chamber for the necessary actions to be taken.