6 Hrs
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الاقتصادية
Al-Aseawi Outlines Conditions for Troubled Clubs
The Asian Football Confederation (AFC) has focused on implementing strict oversight mechanisms to monitor the financial commitments of professional clubs across Asia, aiming to ensure their compliance with club licensing standards. The Confederation has established an official platform for creditors to submit reports via email to verify the financial status of clubs, with strict conditions including the submission of default notices, documented judicial decisions, and translated documents. The AFC relies on decisions from recognized judicial bodies, such as the Court of Arbitration for Sport (CAS) and Swiss courts, to resolve financial disputes. Penalties may include hindering the granting of participation licenses or imposing sanctions, covering financial matters related to player transfers, salaries, taxes, and other obligations, with the exception of claims from player agents. The Confederation clarified that the responsibility for monitoring compliance lies with the national associations, and failure to comply may result in the rejection of licenses or the imposition of severe sanctions on non-compliant clubs.
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