Print and go back ESPNsoccernet: Europe Soccernet Print

Wednesday, January 18, 2012
Neuchatel Xamax thrown out

ESPNsoccernet staff

The Swiss Football League (SFL) has stripped Neuchatel Xamax of their license and expelled them from the Super League after they were suspected of falsifying a bank document produced as a financial guarantee last year.

Less than a year after being taken over by Russian businessman Bulat Chagaev, the club have already been deducted eight points for irregularities in the payment of social security contributions and players' wages. Now, Swiss media have reported that an important document was full of basic grammatical and spelling mistakes, prompting the move.

"The Swiss Football League has taken away Neuchatel Xamax's licence for participating in championships organised by the SFL," a statement said. "The disciplinary commission has reached the conclusion that the conditions for the license are no longer met due to the non-presentation of financial guarantees.

"The disciplinary commission is also convinced that the banking guarantee from the Bank of America was not provided by the latter."

The Swiss Super League has already seen FC Sion deducted 36 points for fielding players who were signed during a FIFA transfer ban, while Chagaev has sacked four coaches during his time at Neuchatel.




ESPNsoccernet: Help | Media Kit | Contact Us | Site Map | Tools | Jobs at ESPN | Supplier Information | Copyright ©2013 ESPN Internet Ventures.
Terms of Use (Updated 5/6/08), and Privacy Policy and Safety Information/Your California Privacy Rights are applicable to you. All rights reserved.