European football’s governing body Uefa has today (Thursday) hit Russian Premier League club Rubin Kazan with a one-season ban from European competition for breaching the terms of a settlement agreement it had reached over Financial Fair Play (FFP).
Rubin, which currently sits fifth in the Premier League, has been excluded from the next edition of the Champions League or Europa League it manages to qualify for over the next two seasons. The Adjudicatory Chamber of the Uefa Club Financial Control Body (CFCB) made the ruling after Rubin’s case was referred to it by the CFCB chief investigator, due to breach of the settlement agreement.
In May 2014, Rubin was one of a host of clubs, including fellow Russian teams Zenit St Petersburg and Anzhi Makhachkala, as well as English Premier League and French Ligue 1 champions, Manchester City and Paris Saint-Germain, that reached settlement agreements with Uefa over FFP infractions.
At the time, Uefa fined Rubin €6m ($6.9m), with the punishment containing a 50 per cent rebate clause. In its statement today, Uefa did not specify how Rubin broke the terms of its settlement agreement, but added that the decision may be appealed to the Court of Arbitration for Sport (CAS).