UEFA throws Juventus out of European competition and fines Chelsea for breaching Financial Fair Play rules

Juventus was removed from European competition next season and Chelsea was fined $11 million in separate UEFA rulings over financial rules breaches on Friday.

The expulsion of Juventus from the third-tier Europa Conference League was expected because of a false accounting case that already saw the two-time European champion deducted 10 points in Serie A. That penalty dropped Juventus out of Champions League qualification places.

Juventus' spot in the Europa Conference League should go to Fiorentina in the playoffs round starting on Aug. 24.

UEFA said Friday that Juventus also must also pay a fine of 10 million euros ($11 million) for breaking Financial Fair Play (FFP) rules. A further 10 million euros can be deducted if the club fails to comply with UEFA financial monitoring rules in future seasons.

Juventus regretted the ruling but said it wouldn't appeal.

“We regret the decision of the UEFA Club Financial Control Body," Juventus president Gianluca Ferrero said in a statement on the club’s website. “We do not share the interpretation that has been given of our defense and we remain firmly convinced of the legitimacy of our actions and the validity of our arguments.

“However, we have decided not to appeal this judgment. Despite this painful decision, we can now face the new season by focusing on the field and not on the courts.”

In a separate case, Chelsea will also pay a settlement of 10 million euros to UEFA for incorrect financial information submitted between 2012 and 2019 when the club was owned by Russian oligarch Roman Abramovich.

Chelsea’s current American-led ownership group reported “potentially incomplete financial reporting under the club’s previous ownership” in May last year, UEFA said.

Chelsea, which won the Champions League in 2012 and 2021, did not qualify for the next editions of European competitions.

“In accordance with the club’s ownership group’s core principles of full compliance and transparency with its regulators, we are grateful that this case has been concluded by proactive disclosure of information to UEFA and a settlement that fully resolves the reported matters," Chelsea said in a statement. “Chelsea greatly values its relationship with UEFA and looks forward to building on that relationship in the years to come.”

Juventus also lost two years of European football from 2006 to 2008 in fallout from the Calciopoli corruption scandal.