Porto fined $1.6M by UEFA and threatened with one
GENEVA (AP) — Two-time European champion Porto was fined 1.5 million euros ($1.6 million) by UEFA on Friday and threatened with a one-year ban from European competitions because of unpaid debts this season.
UEFA said its club finance monitoring panel put Porto on probation for two years and the ban will be imposed “if the club does not fulfill the solvency requirements” in the next two seasons.
The threat has been inherited by new club president André Villas-Boas, its one-time coach who went on to work at Chelsea and Tottenham. Villas-Boas last month ended the 42-year presidency of Jorge Nuno Pinto da Costa.
Two clubs — Shakhtyor of Belarus and Adana Demirspor of Turkey — were banned for one season for failing to comply with UEFA financial rules. Those bans will be enforced the next time either qualifies for a UEFA competition through the 2026-27 season.