The Istanbul club will not be able to qualify for either the Champions League or the Europa League this season due to their failure to comply with financial regulations
Galatasaray have been banned from Uefa competitions for one season, after failing to comply with Financial Fair Play regulations.
The ban will come into force in the next year that the Istanbul club qualify for either the Champions League or the Europa League, though the sanction will be waived if Galatasaray fail to qualify for continental competition in the next two seasons.
A statement from The Adjudicatory Chamber of the Uefa Club Financial Control Body (CFCB) read: "This decision was taken after Galatasaray failed to comply with the terms of the settlement agreement that it entered with the CFCB Chief Investigator in May 2014 under Article 15 of the Procedural rules governing the Uefa CFCB.
"The Turkish club has also been ordered to limit the overall aggregate cost of the employee benefits expenses of all of its players in each of the next two reporting periods (i.e. the reporting period ending in 2016 and the reporting period ending in 2017)."
In January, Uefa released a statement indicating that the Turkish Super Lig club had failed to comply with rules around financial losses, bringing about the possibility of a ban by the Club Financial Control Body.
The Club Financial Control Body's investigatory chamber referred Galatasaray to the adjudicatory chamber in January, with representatives from the club mounting a defence their defence and outlining plans to improve the financial structure.
But now the Istanbul club will be unable to compete in either the Champions League or the Europa League should they qualify in the next two seasons.
The ban continues a tumultuous season for Galatasaray, who now sit 16 points behind fierce rivals Fenerbahce in the league, parting company with head coach Mustafa Denizli on Tuesday, just three months after the 66-year-old took the job.
- Goal