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Atletico Madrid reveal’s UEFA Financial Fair Play background story

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An official statement on Los Colchoneros website explained why the Vicente Calderon based outfit find’s themselves on the list released by European governing body’s list of penalized clubs.
UEFA announced the final list of 23 clubs who will not be given prize money for their participation in competitions organized by them. The listed clubs have been found of financial irregularities and a decision regarding their fate will be taken once pending
investigations are completed.
Europa League winners, Atletico Madrid, find themselves on the list put forward by football’s European governing body. Following the announcement, Los Colchoneros released a statement on their website to explain the whole situation to fans and members of
the press.
The http://www.senore.com/Football-soccer/Vicente-c36001 Calderon based outfit claimed of being innocent in the matter, stating sharing that they have fulfilled all the instances that are related to their participation in UEFA competitions.
It was also revealed that Atletico Madrid have submitted all the related documents to UEFA regulatory departments.
Explaining the after effects of the situation, the statement claimed that Atletico Madrid’s finances have not been seized.
"On May 10, 2012, Club Atletico de Madrid SAD obtained from the Committee of First Instance of the RFEF [Spanish Football Federation] the right to participate in UEFA competitions. Subsequently, UEFA announced our admission on June 15, that the club could
participate in the UEFA Europa League 2012/13.”
"Therefore, Club Atletico de Madrid S.A.D. fulfilled in the first instance with every one of the requirements of regulation and licensing UEFA Financial Fair Play to participate in European competitions.”
"This regulation establishes a monitoring procedure or permanent financial control for those clubs who have been licensed with UEFA, which implies the obligation to submit, on a quarterly basis, certain financial information that reliably demonstrates compliance
with the monitoring requirements imposed by the panel of financial control.”
"In the quarterly monitoring of June, Club Atletico de Madrid SAD submitted all documentation required by UEFA agencies.”
"However, we would like to clarify that the measure notified today by UEFA assumes no seizure of any amount to Club Atletico de Madrid SAD, but it is an injunction issued in UEFA licensing regulation until the adoption of a control panel final decision,
which we believe will be favourable.”

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