Red Star received a harsh penalty and could not field its new players for the tournament, including the Cordovan point guard.
At the end of December, Facundo Campazzo stop being a player nba after passing Denver Nuggets and later by Dallas Mavericksand became a basketball player red star from Serbia, a club where he has already made his debut with a high level. however, received bad news: he won’t be able to compete in the Euroleague.
The Euroleague sanctioned Red Star Belgrade on Wednesday for serious breach of financial stability and fair play regulations. This decision may be appealed before the Court of Arbitration for Sport. The Serbian team considered “very bad” the penalty on ban on signing players or coaches until next February 28 and with a fine of 25,000 euros. In this way, Cordovan cannot compete in the contest.
In a brief statement on its website, the institution announced that “In the coming days, the fight to withdraw the sanction will continue with all legal and permissible means”. The violations committed by Red Star, according to the report of the Financial Panel, range from keep the debts to players this season and others before giving information “false or inaccurate” which allows the club to compete with an advantage and continue its financial activities as normal despite its irregular situation in this chapter. The report also notes that the institution is a repeat offender, because of he has been punished on two other occasions recentlyand risk heavier penalties if you commit the same irregularities again.
Source: Tycsports
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