In respect of the monitoring documentation for the cost control requirements, the licensor must assess whether or not the financial information submitted by the licensee corresponds to the information in respect of the same reporting entity/entities submitted for club licensing purposes.
In addition, the licensor’s assessment must include, as a minimum, the following procedures:
Check that the amounts in the monitoring documentation for the cost control requirements and those identified by UEFA are consistent with the amounts contained in the annual financial statements and/or interim financial statements, and/or in the supplementary information if applicable, and in the underlying accounting records;
Check that the monitoring documentation for the cost control requirements has been formally approved by the executive body of the licensee by way of a declaration by the licensee’s management that the documents submitted are complete, accurate and in compliance with these regulations.
The licensor must confirm to the CFCB and/or the UEFA administration the results of the above assessment procedures.