UEFA confirms Sporting's compliance with financial regulations
18 Jan, 2016
Club Financial Control Body removed Alvalade from settlement regime
UEFA's Club Financial Control Body announced that Sporting is now in compliance with financial fair play regulations this afternoon.
"The UEFA Club Financial Control Body (CFCB) investigatory chamber, headed by chief investigator Yves Leterme, has provided updates on Hull City (England), Panathinaikos (Greece) and Sporting CP (Portugal), who all concluded settlement agreements last year. The three clubs were found to have fully complied with the terms of their agreements. As a consequence, they have exited the settlement regime", reads the statement on the body's official website.