World Bulletin / News Desk
The Union of European Football Associations (UEFA) has said it is withholding prize money from Turkish soccer clubs Fenerbahçe and Eskişehirspor from this season's competition as it investigates the clubs for breaching "financial fair play" rules.
The UEFA said on Tuesday that the two teams are among 23 clubs whose prize money from this season's Champions League or Europa League could be withheld because of overdue payments of transfer fees, wages and social taxes up to the end of June.
Europa League champion Atletico Madrid, Malaga and Sporting Lisbon are also being investigated.
The list of offending clubs was drawn up by Jean-Luc Dehaene, the former prime minister of Belgium and the head of the panel appointed by the UEFA to handle financial fair play cases.
The clubs will have to provide an updated report on Sept. 30 to a UEFA committee led by former Belgian Prime Minister Jean-Luc Dehaene.
"This ... measure will remain in force until all identified balances have been settled in full or until a final decision by the (UEFA committee) is taken," said UEFA.
UEFA approved the introduction of the far-reaching financial fair play rules in 2009 in a bid to reduce debt and introduce better and more transparent financial dealings among clubs playing in its competitions.
UEFA president Michel Platini said the measures have been introduced to stop clubs from spending their way into oblivion and to force them to live within their means.
They are also intended to stop wealthy owners from trying to buy success with limitless spending on players, distorting the transfer market in the process.
Transfer fees and outgoing payments have been monitored since the start of the 2011/12 season with clubs tasked with breaking even in 2012 and 2013 and being assessed during the 2013/14 season.
If clubs have not come into line by then, they could be thrown out of European competition.
Turkish dailies reported Wednesday clashes over the demolition of a statue to a PKK founder, indications that Turkey's foreign minister could take over the prime ministerial post and protests over the death of an unarmed black teen in Missouri, the U.S.
Outgoing Turkish President Gul said 'As far as it seems, Foreign Minister Ahmet Davutoglu will take over as prime minister'
Turkey's year-end growth forecast increased to 2.7 percent, senior economist says.
The Eritrean capital Asmara becomes Turkish national flag-carrier's 42nd destination in Africa
One person has been confirmed dead after clashes broke out when security forces arrived to remove an illegal statue of a PKK leader.
Turkish Energy Minister Taner Yildiz called for the lifting of an Israeli blockade so power can be delivered to Palestinians.
Currently it is estimated that there are almost a million Syrian refugees in Turkey, about 70 percent of whom live outside the refugee camps.
Turkish dailies on Tuesday reported on the claims that Germany's foreign intelligence agency has been spying on Turkey and protests over the death of an unarmed black teen in Missouri, U.S.
Twenty out of 32 suspects accused of conducting illegal wiretapping detained in Izmir, Istanbul and Yalova.
A UN report also asserted that Ethiopia's low level of economic development, coupled with a heavy dependence on rain-fed agriculture and high population growth, made the country particularly vulnerable to the adverse impacts of climate change.
Republican People's Party deputy group chairman Muharrem Ince has announced his intention to stand for the leadership of the party.
The latest ship loaded with northern Iraqi oil left a Turkish port as the amount of oil pumped to Turkey from northern Iraq reached 7.8 million barrels.
Turkey summoned the German ambassador in Ankara over a report that Germany's BND intelligence agency had been spying on its NATO ally for years
Turkish dailies covered German intelligence spying on Turkey and the tragic plight of the Ezidis in Iraq.
A 35-year-old man fired at the embassy building and was immediately caught by security forces.
Midyat refugee camp is set to accept thousands of Yazidis after the completion of medical check-ups.