Article 104 Exceptional and transitional provisions in respect of the club monitoring requirements - Club Licensing

104.01

The following transitional provisions apply in respect of the stability requirements (Article 84 to Article 91):

1. For the licence season 2022/23:

   - by exception to Article 102 , the break-even requirement (Article 58 to Article 64 of the UEFA Club Licensing and Financial Fair Play Regulations, Edition 2018) will continue to apply.

2. For the licence season 2023/24:

   - Article 85 to Article 87 and Article 90 do not apply; and

   - by exception to Article 91, the licensee is required to submit football earnings information only in respect of the reporting period ending in 2023.

3. For the licence season 2024/25:

   - by exception to Article 86, the licensee’s aggregate football earnings are the sum of the licensee’s football earnings for each of the two reporting periods ending in 2023 and 2024; and

   - by exception to Article 91, the licensee is required to submit football earnings information in respect of the reporting periods ending in 2023 and 2024.

104.02

The following transitional provisions apply in respect of the cost control requirements (Article 92 to Article 94):

1. For the licence season 2022/23, no cost control requirements will be applied.

2. For the licence season 2023/24:

   - by exception to Article 93, the defined limit is 90%; and

   - by exception to paragraph 92(4), for the squad cost ratio, profit or loss on disposal of player registrations and other transfer income/expenses are calculated from the licensee’s annual financial statements and/or interim financial statements for either the 12 months, the 24 months or the 36 months to the 31 December during the licence season, at the discretion of the licensee, then prorated to 12 months.

3. For the licence season 2024/25:

   - by exception to Article 93, the defined limit is 80%; and

   - by exception to Paragraph 92.04, for the squad cost ratio, profit or loss on disposal of player registrations and other transfer income/expenses are calculated from the licensee’s annual financial statements and/or interim financial statements for either the 24 months or the 36 months to the 31 December during the licence season, at the discretion of the licensee, then prorated to 12 months.