FIFA fines Atletico Madrid over third-party ownership

AFP  |  Lausanne 

have been fined, said today, for signing a to a contract that allowed third-party ownership, which is banned by world football's governing body.

Atletico, who beat Real Madrid to win the European Supercup on Wednesday, must pay 52,000 Swiss Francs (45,900 euros, $52,170) for "entering into a contract that enabled a third party to influence the club's independence in employment and transfer-related matters and entering incorrect information in the International Matching System," a statement said.

The in question was not named.

FIFA's disciplinary committee also fined clubs in Qatar, and for failing to obey its previous decisions as well as rulings by the to pay "significant overdue amounts of money to players."

also threatened the clubs with points deductions and bans.

The Club was fined 30,000 Swiss francs and ordered to pay outstanding wages within 90 days or miss four windows.

El Shamal of was fined 15,000 Swiss francs and ordered to pay in 30 days or miss one transfer window Shabab of was fined 30,000 Swiss Francs, given 90 days to pay and threatened with a ban for two transfer windows.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 17 2018. 17:40 IST