European football governing body UEFA has banned Italian club Juventus from participating in European competitions in the upcoming season due to Financial Fair Play breaches.

The club was also fined £17.1 million, half of which is conditionally suspended.

The ban comes after an investigation by UEFA's Club Financial Control Body (CFCB), which concluded that the club had violated the organisation's regulatory framework.

Announcing the decision, UEFA said in a statement shared on its website;

“The CFCB First Chamber concluded that Juventus (ITA) violated the UEFA’s regulatory framework and breached the settlement agreement signed in August 2022. As a result, the CFCB First Chamber terminated the settlement agreement concluded with the club and decided:

“To exclude Juventus from the 2023/24 UEFA men’s club competition; and to impose an additional financial contribution of €20m on the club. Of this amount, €10m is conditional and will only be enforced if the club’s annual financial statements for the financial years 2023, 2024, and 2025 do not comply with the accounting requirements as defined in Annex G of the UEFA Club Licensing and Financial Sustainability Regulations.”