The Argentine point guard Facundo Campazzo, brand new reinforcement of Red Star of Serbia, will not be able to play in the Euroleague until at least March due to a sanction imposed by the Euroleague Finance Panel after finding the Serbian club guilty of the Financial Stability and Gaming Regulations Cleansed.
This decision put an end to a possibility that the Serbian club itself had spread to the press by saying that it had canceled old financial debts.
“The sanctions imposed consider the seriousness of the infringements, which included having past-due debts with players from current and previous seasons, as well as providing false or inaccurate information, which allowed the club to gain an undue competitive advantage and continue with its normal operations despite of an irregularity,” the Euroleague said in a statement.
“The Panel also considered the recidivism, since the Serbian club was previously sanctioned on two other occasions in recent years,” he continued.
In this way, Red Star will not be able to register new basketball players until March 1, facing the final stages of the Euroleague, and among them is Facundo Campazzo from Cordoba, who signed in recent days after his irregular passage through the NBA in the past three seasons.
However, the Balkan team will seek to appeal the sanction in the Court of Arbitration for Sport (CAS) to try to have all its reinforcements in the maximum continental competition at club level. (Telam).
