On Friday, UEFA, the prime governing body for football in Europe, declared that Juventus FC would not be eligible to participate in the club competitions for the 2023/24 season. Following an inquiry into possible violations of the UEFA Club Licensing and Financial Fair Play rules, Juventus, the Italian club, was penalized with a fine of €20 million. This sum includes a contingent amount of €10 million, dependent on Juventus's adherence to the financial regulations in the coming three years.
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