The Court of Arbitration for Sport (CAS) has dismissed the appeal filed by the Malaga on the penalty imposed by UEFA and has suspended them from the next edition of the Europa League, after finishing sixth place in La Liga, reported the Andalusian club.
Today completed a week of hearings held at the CAS headquarters in Lausanne (Switzerland), where Málaga argued that they have met the standards required by the ‘financial fair play’ imposed by UEFA.
With this decision, published today by TAS itself in a statement, the club must comply with all of the fine imposed by UEFA, which consists of a monetary fine of three hundred thousand euros and a year without competing in Europe, after the football club annulled fulfilling an additional year that they were conditioned to keep up economically before 31 March.
The Malaga was sanctioned on December 21 by UEFA without participating in European competition for debts with the public administration.
On May 16 the Andalusian club received a letter from UEFA in its financial control committee reported that, after analyzing the situation of the club last March 31, they expunged the second year of sanction without participation in a European tournament.
With this resolution, which binds to the approval of the license application for the 2013-14 season, UEFA has agreed with the resolution of TAS, whose hearing was held on June 4 and that today they have not ruled in favor of the Spanish club.
The Malaga, having known the CAS ruling, announced later that receive final judgment for the rejection of their appeal, but stressed that “maintains its position of having complied with the parameters required by the ‘Fair Play'”.
In Málaga statement emphasizes that “can not participate in European competition next season despite having the license UEFA 2013/14”.