May 20 – UEFA has announced that Inter Milan have fully complied with its financial fair play requirements and will no longer face extra financial scrutiny.
Inter had to forgo €6 million in UEFA competition prize money and submit itself to four years of additional monitoring as part of an FFP settlement agreement signed in May 2015 having racked up a loss of €140.4 million in 2014-15.
According to a UEFA statement, Inter have fulfilled all the terms set out in the agreement and are therefore allowed to exit the Settlement Agreement.
This means that Inter can register a full squad when participating in the Champions League or the Europa League as opposed to this past season where they were unable to register more than 19 players. It also allows the club greater leeway in the transfer window
The three-time European champions are third in Serie A and on track to enter the Champions League group stage next season.
UEFA’s Club Financial Control Body investigatory chamber (CFBC) confirmed that two other clubs, FC Astana and Beşiktaş JK had also been cleared, having also complied with FFP agreements signed in May 2016 and May 2015 respectively.
But the CFBC investigatory chamber said it had decided to send the case of Turkish club Trabzonspor back to its judging panel. The club failed to break even this season, meaning it breached its agreement with UEFA signed three years ago.
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