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UEFA has banned Malaga CF for one season from the next European Competition they qualify, for failure to pay there taxes and player wages on time.
A statement from UEFA said:
“The club is excluded from participating in the next UEFA club competition for which it would otherwise qualify in the next four seasons (i.e. 2013/14, 2014/15, 2015/16, 2016/17).
“In addition, Málaga will be excluded from a subsequent UEFA competition for which it would otherwise qualify (in the next four seasons) if it does not prove, by 31 March 2013, that it has no overdue payables towards football clubs or towards employees and/or social/tax authorities, in accordance with the UEFA Club Licensing and Financial Fair Play Regulations.
“Málaga has also been fined €300,000. The prize money withheld on 11 September 2012 (as a conservatory measure) will be released.”
Malaga let go of a number of top players this summer to reduce their wage budget, including Santi Cazorla and Ruud Van Nistelrooy but have done exceedingly well so far. They are fourth in the Spanish La Liga and play FC Porto in their Round of 16 tie in the Champions League.
