Trabzonspor in Europe as Fenerbahce shut out
Source: Agencies |
August 26, 2011, Friday
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Print Edition
Print Edition
TURKISH champion Fenerbahce appealed yesterday against its exclusion from the Champions League over a match-fixing investigation involving the top Istanbul club which has plunged the Turkish league into turmoil.
It will be replaced by Trabzonspor, the league runner-up last season on goal difference.
The Turkish Football Federation decision, taken under pressure from European soccer's governing body UEFA, has added to revenue concerns among clubs since the match-fixing court case emerged, although no decision has been taken to relegate any clubs.
Fenerbahce said its loss of revenues due to the Champions League exclusion will be some 25 million euros (US$36 million) and its shares tumbled 18 percent on the Istanbul Stock Exchange.
Trabzon shares surged 21.8 percent.
"Our club's lawyers applied to the TFF Arbitration Board to suspend and annul the decision to bar it from the UEFA Champions League," Fenerbahce said in a statement.
More than 30 players and officials have been jailed pending trial, including the Fenerbahce Chairman Aziz Yildirim and the coach and deputy chairman of Besiktas, in connection with alleged manipulation in 19 matches.
Fenerbahce said UEFA's stance on the issue was unlawful and that it could take legal action against both it and the Turkish federation, saying it was "innocent until proven guilty".
It will be replaced by Trabzonspor, the league runner-up last season on goal difference.
The Turkish Football Federation decision, taken under pressure from European soccer's governing body UEFA, has added to revenue concerns among clubs since the match-fixing court case emerged, although no decision has been taken to relegate any clubs.
Fenerbahce said its loss of revenues due to the Champions League exclusion will be some 25 million euros (US$36 million) and its shares tumbled 18 percent on the Istanbul Stock Exchange.
Trabzon shares surged 21.8 percent.
"Our club's lawyers applied to the TFF Arbitration Board to suspend and annul the decision to bar it from the UEFA Champions League," Fenerbahce said in a statement.
More than 30 players and officials have been jailed pending trial, including the Fenerbahce Chairman Aziz Yildirim and the coach and deputy chairman of Besiktas, in connection with alleged manipulation in 19 matches.
Fenerbahce said UEFA's stance on the issue was unlawful and that it could take legal action against both it and the Turkish federation, saying it was "innocent until proven guilty".
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