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Independiente and Genoa fined by FIFA

January 31, 2013
By ESPN staff
Serie A side Genoa and Argentina's Independiente have been fined 35,000 Swiss francs by FIFA for misuse of their electronic transfer system.

Independiente have been punished for charging Genoa a fee to provide an International Transfer Certificate (ITC), which should be issued free of charge, while the Italian side were charged with "failing to submit information and upload relevant documents into the Transfer Matching System (TMS) once the transfer contract had been signed".

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