Tribunal Punishes Deportes Limache for Financial Fair Play Infraction

The Chilean National Professional Football Association's (ANFP) First Chamber Disciplinary Tribunal has sanctioned Deportes Limache, prohibiting the club from registering new players during the current transfer window. This measure follows the Financial Control Unit's (UCF) confirmation that the club exceeded its allowed spending limits in relation to its income. The violation impacts the club's sporting plans for the remainder of the season. The ANFP stated that Deportes Limache breached sustainability principles aimed at maintaining competitive parity in the national tournament. The tribunal's decision was based on findings from the club's financial statements over the last three seasons. The UCF's investigation revealed that the club's administration in the Valparaíso Region overspent its budget. Current regulations require the squad's cost to be directly proportional to the club's revenue and assets. The UCF report indicated that the team exceeded the maximum allowed percentage of its income for squad financing by 14.1%, with the limit set at 70% of total revenue. This overspending led to the Disciplinary Tribunal imposing the administrative sanction of a transfer market closure. The resolution originated from a formal complaint filed by the UCF. Despite the tribunal's ruling, Deportes Limache intends to appeal the decision to a higher authority to try and secure the ability to sign new players. If the appeal fails, the coaching staff will have to manage the rest of the championship with the current roster.