Italian football club Juventus has been banned from European competition next season by UEFA after being found guilty of breaking Financial Fair Play (FFP) rules. The club is accused of false accounting, which allegedly increased its capital by 700 million euros. Juventus will also have to pay a 10 million euro fine, which may double if the club fails to meet FFP requirements in its annual accounts for the next three years. The club's president regrets the decision but has decided not to appeal in order to avoid further penalties.
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