UEFA bans Rubin Kazan FC from European Competitions

UEFA has banned Russian football club Rubin Kazan from European competitions for one year.
The governing body of European football said in a statement that the suspension of Rubin Kazan came due to the breach of a settlement on financial fair play, a decision by the Adjudicatory Chamber of the UEFA Club Financial Control Body (CFCB).
“The club is excluded from participating in the next UEFA club competition for which it would otherwise qualify in the next two seasons,” UEFA said.
“This decision may be appealed to the Court of Arbitration for Sport (CAS),” said UEFA, giving no further details how the Russian soccer team broke the rules.
Under the UEFA’s financial fair play rules, the European football clubs are barred from spending more than their revenues.

Chelsea miss out on Victor Osimhen to PSG
Nigeria to participate in 10 events at Tokyo Olympics.
David Barral becomes first-ever footballer to be bought with Bitcoin
Budweiser celebrates new football season with promo.
Neymar returns for PSG ahead of Champions League resumption.
Expect tough match against Sierra Leone- Gernot Rohr.
INNOPOWER AFRICA AND LUMA LEARN ANNOUNCE STRATEGIC PARTNERSHIP TO DEMOCRATIZE AI ACCESS FOR STUDENTS, TEACHERS, AND FAMILIES ACROSS AFRICA
Chief Charles Orie Marks 60 in Grand Style, Caps Weeks of Philanthropy with Abuja Celebration
Album: Genius – Ice-V
Ice-V’s Genius Album goes live on 19th December