Financial Crisis, Malaga is Prohibited Competed in Europe

UEFA released an official statement that will strike Malaga participation from European competitions for failing to achieve financial qualifications that have been standardized.

"The club was banned from participating in UEFA competitions under even though they qualify for the next four seasons (2013/14, 2014/15, 2015/16, 2016/17)," UEFA said in a statement.

"To that end, Malaga will not be included in the competition under despite their UEFA qualifying in four next season if they can not prove, until March 31, 2013, that they can pay the club financial obligations to its employees and / or social authorities / tax which is based on the Financial Fair Play Regulations and the UEFA Club Licensing, "continued the statement.

This season, Malaga qualification to the Champions League as the club's fourth place status late Liga BBVA. Manuel Pellegrini's squad escape the group stage and even became champion by eliminating AC Milan (runner-up group) plus kicking Zenit St Petersburg from the arena of competition.

However, the financial crisis during the summer to make UEFA to sanction the club. Ironically, it was the middle of the Andalusian club are in track to end the Liga BBVA this season as the fourth-best team after Barcelona, Atletico Madrid and Real Madrid.

This season, the Istanbul club, Besiktas, is not allowed to participate in the UEFA Europa League due to financial problems entangled.