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Alla Zakarian

17-08-2018 | 15:45 Football
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FIFA fine Atletico Madrid for third party involvement in contracts

FIFA's Disciplinary Committee have fined Atlético Madrid €46,200 for "entering into a contract that enabled a third party to influence the club’s independence in employment and transfer-related matters". "The FIFA Disciplinary Committee has sanctioned the club Atletico de Madrid, Spain, with a fine of CHF 52,500 and a warning for breaching art. 18bis of the Regulations on the Status and Transfer of Players (2014 edition), as well as Annexe 3 of said regulations," FIFA's official disciplinary statement read. The Club was banned for two transfer windows recently falling foul for FIFA’s rules on signing underage players. "The club was found to be liable for entering into a contract that enabled the third party to influence the club’s independence in employment and transfer-related matters and entering incorrect information in the International Transfer Matching System (ITMS)."

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