- The Court of Arbitration for Sport said the club’s appeal hearing was being held Friday. No target date was set for a verdict.
AP | , Lausanne, Switzerland
PUBLISHED ON JUN 11, 2021 06:45 PM IST
Turkish champion Beşiktaş challenged UEFA at sport’s highest court on Friday in a case of unpaid debts that could cost the club millions of euros in prize money.
The Court of Arbitration for Sport said the club’s appeal hearing was being held Friday. No target date was set for a verdict.
UEFA judges ruled in March that Beşiktaş broke “Financial Fair Play” rules by having overdue payments. UEFA did not specify the type of debts owed which could relate to transfer fees, wages or taxes.
Beşiktaş faces being deducted 15% of its UEFA prize money from the Champions League next season for unpaid debts.
Turkey’s champion typically earns at least 25-30 million euros ($30-36 million) for playing in the group stage.
Beşiktaş appealed to CAS though UEFA also set a June 30 target for the club to show it had settled the debts which had been identified as unpaid by a deadline last September.
Beşiktaş last month won its first Turkish league title since 2017 on goal difference after finishing tied on points with runner-up Galatasaray.
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