FIFA slams transfer ban and fine on Belgian TPO rule-buster

FC Seraing

By Andrew Warshaw and Samindra Kunti
September 18 – FIFA have sanctioned Belgian second-tier club FC Seraing with a two-year transfer ban and a fine of $155,000 after it was revealed that investment fund group Doyen had added €300,000 to the club’s budget in exchange for 30% of some players’ rights.

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Manchester clubs top spending tables but bottom out in Champions League

Man City lose

By Paul Nicholson
September 16 – Manchester City, who opened their Champions League campaign last night with a 1-2 home loss to last year’s beaten finalists Juventus, are top of one table with an almost unassailable lead but it will be little consolation. The club tops the rankings of club spending both in the transfer window just closed, and in spending since 2010.

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Levski find €1.5m to settle outstanding debt

ivo tonev levski

By Alexander Krassimirov
September 14 – Bulgaria’s Levski Sofia has paid more than BGN 3 million (€1.5 million) in debt settlement to former and current players, and coaches. Ivo Tonev (pictured), one of the majority owners of the club made the announcement after a meeting of the Governing Council.

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