Swiss league docks 4 more points from Xamax
AFP · 4 Jan 2012, 09:24
Published: 04 Jan 2012 09:24 GMT+01:00
The SFL had on December 14th sanctioned the Swiss Super League club, owned by Chechen businessman Bulat Chagaev, for failing to provide financial details pertinent to the awarding of operating licences.
Neuchatel Xamax had not provided the SFL with an official document certifying the payment of October's wages and for social security contributions for employees, the league said.
As a result, the SFL's licensing section reported the football club to its disciplinary committee.
The disciplinary committee said that as in August and September of 2011 it "has come to the conclusion that the club has violated the SFL licensing rules due to its non-submission" of necessary documents confirming payments.
The committee noted the repetition of offences by Xamax, and if the club is to appeal, it must do so within five days.
Xamax's appeal against the earlier docking of four points for failure to provide documents relating to a change of ownership are to be heard by the SFL's appeal body at a later date.
On November 2nd, the disciplinary body the SFL had imposed a fine of 20,000 Swiss francs (€16,400) for failing to provide "information and financial documents" following the takeover of Xamax by Chagaev in May.
Swiss prosecutors charged the businessman with forgery on November 24th after media reports he allegedly submitted a falsified bank document to prove his solvency during a bankruptcy trial.
The 51-year-old Chechen bought Xamax in May for an estimated 1.2 million Swiss francs (€1 million).