Turkish club Galatasaray have been suspended from all European Competitions for one season for breaking financial fair play rules by European football Governing body, UEFA.
UEFA said in January that the club had failed to comply with its rules governing the permitted level of financial losses.
The Club Financial Control Body’s investigatory chamber then referred Galatasaray to the adjudicatory chamber in January, with the club’s lawyers managing to avoid a possible two-season ban in favour of a one-season sanction.
The Turkish Champions are now no longer permitted to participate in either the Europa League of Champions League in the 2016/17 season, even if it qualifies through the Turkish league.
The UEFA Financial Fair Play Regulations (FFP) were established in 2009 to prevent professional football clubs spending more than they earn in the pursuit of success and in doing so getting into financial problems which might threaten their long-term survival.
The regulations provide for sanctions to be taken against clubs who exceed spending, over several seasons, within a set budgetary framework.