Newsletter-21

408 NEWSLETTER 2016 g) Restriction on the number of players that a club may register for participation in UEFA competitions, including a financial limit on the overall aggregate cost of the employee benefits expenses of players registered on the A-list for the purposes of UEFA club competitions h) Disqualification from competitions in progress and/or exclu- sion from future competitionsi) Withdrawal of a title or award These measures usually are imposed because of overdue pay- ments, and the failure to comply with Break-Even rule. While the FFP Rules are often criticized by the public since the fines are not harsh on the financially strong clubs; but rather destruc- tive for small ones, the UEFA argues that the long-term benefits of this system will be great for European football. Situation in Turkey Many clubs from Turkey also executed settlement agreements with the CFCB because they did not meet the FFP criteria. These agree- ments are usually made for a period of 3 years and the development of the clubs are checked on a regular basis by the CFCB. If changes, such as a new president or a new administration, projects that will increase the income of the club etc., ensure the club’s Balanced Budget, the club may be saved harmless from such measures. For instance, Tra- bzonspor is able to pursue the settlement process for the duration of agreement in result of its revenues from the hydroelectric power plant. Unlike Beşiktaş, Fenerbahçe and Trabzonspor; Galatasaray did not comply with the executed settlement agreement and continued to increase its expenses. In this regard, Galatasaray was excluded from participating in the next UEFA club competition for one sea- son, within a period of two years. The aforementioned agreement was signed between Galatasaray and the CFCB on 16 May 2014. Although Galatasaray’s incomes increased, it was unable to balance its budget; therefore, the Adjudicatory Chamber of the CFCB announced the dis- qualification penalty on 2 March 2016. Although the decisions taken