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.
Turkey's role as an energy hub has become a focal point after Ukraine hit a political crisis, the Global Resources Corporation chief said.
The Turkish President was listed in the leaders category alongside U.S. President Barack Obama, Chinese President Xi Jinping, German Chancellor Angela Merkel and Iranian President Hassan Rouhani among others by Time Magazine.
Turkish FM Ahmet Davutoglu and UN chief Ban Ki-Moon held a phone conversation about the Cyprus issue and developments in Ukraine and Syria.
Turkey's economy minister said a trade that 'gets beyond borders' is possible with Kazakhstan.
Two mortar shells dropped on Turkish land close to the Syrian border.
Mashaal called Erdogan and informed him about the deal with Fatah, according to the Turkish Prime Ministry.
A Hannover court threw out the case of a German couple seeking a refund for their holiday.
In 2014, Turkey’s electricity imports have risen due to lower than expected rains in winter and spring, and as a result hydropower plants did not meet their goal of providing a quarter of Turkey's electricity.
The number of publications in Kurdish has increased to 413 in the last year from 101 publications in 2008, statistics show.
The 1915 events took place during World War I, when a portion of the Armenian population living in the Ottoman Empire sided with the invading Russians and rose up against the Ottoman authority. The uprisings were followed by a decision by the Ottoman Empire to relocate the Armenians living in eastern Anatolia.
Turkish dailies on Thursday are covering Turkish PM's paying tribute to Armenians who died in 1915.
Turkey has called for the research of the 1915 events to be carried out by a commission of Turkish, Armenian and international historians, the Turkish Prime Ministry said in a statement earlier on Wednesday ahead of the anniversary of the events.
Turkish Prime Minister Tayyip Erdogan offered what the government said were unprecedented condolences to the grandchildren of Armenians killed in World War One
Convoy bound for Suleiman Shah Tomb in Turkish territory is planned activity, says military chief
AK Party Spokesman Celik still debating whether new election system will be a single member or narrowed district.
Turkish police say they plan to deport 135 illegal immigrants, including 120 Pakistanis.