Euroleague Basketball: EB Finance Panel sanctions Crvena Zvezda

The Finance Panel of Euroleague Basketball, has sanctioned Crvena Zvezda due to the club's failure to fulfill its obligations to comply with the Financial Stability and Fair Play Regulations (FSFPR) in accordance with the Euroleague Basketball Disciplinary Code.Crvena Zvezda's case had been referred to the Finance Panel by the Euroleague Basketball Management Control Commission (MCC) after confirmation that the club was in breach of Article 3.a) of the FSFPR, which refers to the obligation of ...