1. According to the UEFA Club Licensing and Financial Fair Play Regulations, payables are not considered as overdue, if the licence applicant/licensee (i.e. debtor club) is able to prove by 31 March that it has concluded an agreement which has been accepted in writing by the creditor to extend the deadline for payment beyond the applicable deadline. In the light of the applicable regulations, it is however insufficient to take actions within the applicable deadline with a view of obtaining a deferral.

2. The clubs must not only fulfil the material requirements set in the regulations, but they also need to meet these conditions on a certain date. In this regard, strict deadlines are inevitable for the good organization of any competition and to serve the interests of legal certainty and security.

3. A valid licence is a condition of entry of the competition. If this condition is not fulfilled, the club cannot be admitted to the competition. Accordingly, there is no room for any test of proportionality of the sanction.