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Serie A Side Genoa Could Be Demoted After Failing To Pay Player Trade Debts

Serie A side Genoa "faces sanctions that could include a points deduction or even demotion after failing to pay a debt related to player trades," according to Tariq Panja of BLOOMBERG. A disciplinary panel at FIFA "will discuss sanctions at its next meeting after Genoa failed to pay Chile’s Deportivo Colo-Colo" more than €144,900 ($180,000) related to forward Cristobal Jorquera. FIFA Disciplinary Committee Deputy Secretary Alejandra Salmeron Garcia said should "Genoa Cricket and Football Club pay the outstanding amount immediately and send us a copy of proof of payment, these disciplinary proceedings will be closed." The dispute with Colo-Colo is not Genoa’s only one "concerning non-payment of transfer fees." Universidad Catolica, another Chilean team, "has appealed to FIFA" claiming that the Italians did not "pay money they owed after signing Argentine midfielder Lucas Pratto" in '11 (BLOOMBERG, 11/25).

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