Article 58 No overdue payables in respect of employees - Club Licensing

UEFA Club Licensing Regulations for the UEFA Women's Champions League

Content Type
Technical Regulations
Category
Specific Regulations
Subject
Club Licensing
Language
English
Enforcement Date
1 June 2022
58.01

The licence applicant must prove that as at the 31 March preceding the licence season, it has no overdue payables (as defined in Annex F) in respect of its employees as a result of contractual or legal obligations due to be paid by the 28 February preceding the licence season.

58.02

Payables are all forms of consideration due in respect of employees as a result of contractual or legal obligations, including wages, salaries, image rights payments, bonuses and other benefits.

58.03

The term “employees” includes the following persons:

  1. All professional players according to the FIFA Regulations on the Status and Transfer of Players;

  2. All administrative, technical, medical and security staff performing any of the functions referred to in Article 35 to Article 42; and

  3. Service providers performing any of the functions referred to in Article 35 to Article 42.

58.04

If any of the “employees” is employed by, contracted to, a consultant of or otherwise provides services to an entity within the legal group structure or the reporting perimeter other than the licence applicant, these payables must be also included in the scope of paragraph 1 above.

58.05

Amounts payable to persons who, for various reasons, are no longer employed or engaged by the licence applicant or an entity within the legal group structure of the licence applicant fall within the scope of this criterion and must be settled within the period stipulated in the contract or defined by law, regardless of how such payables are accounted for in the financial statements.

58.06

The licence applicant must prepare and submit to the licensor an employees table showing the following total balances in respect of the employees as at the 28 February preceding the licence season:

  1. Total balance payable;

  2. Total amount overdue as well as any remaining overdue amount as at 31 March (rolled forward from 28 February);

  3. Total amount deferred (as defined in Annex F); and

  4. Total amount disputed (as defined in Annex F).

58.07

The following information must be given, as a minimum, in respect of each overdue, deferred or disputed amount as at 28 February, together with an explanatory comment:

  1. Name and position/function of the employee (irrespective of whether the person was employed or engaged during the year up to 28 February);

  2. Start date and end date (if applicable);

  3. Amounts overdue, including the due date(s) for each unpaid element and, if applicable, amounts settled between 28 February and 31 March together with the settlement dates as well as any remaining overdue payable as at 31 March (rolled forward from 28 February);

  4. Amounts deferred, including the original and new due date(s) for each deferred element, and the date when a written agreement between the parties was concluded; and

  5. Amounts disputed, including the case references and a brief description of the positions of all involved parties.

58.08

The licence applicant must reconcile its liabilities as per the employees table to its underlying accounting records.

58.09

The licence applicant must confirm that the employees table is complete, accurate and in compliance with these regulations. This must be evidenced by way of a brief statement and signature by the executive body/authorised signatories of the licence applicant.