UEFA show FFP teeth!!

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Galatasaray given two-year European ban over financial fair play breach
• Uefa bans Turkish club for not complying with rules on financial losses
• Galatasaray already out of Europa League and Champions League this season


Galatasaray, The Turkish club have now been banned from European competition for two years.

Wednesday 2 March 2016 12.08 GMT
Last modified on Wednesday 2 March 2016 13.15 GMT

Uefa has announced that Galatasaray have been handed a two-season ban from European club competitions following their breach of financial fair play regulations.

The Istanbul-based club will not be allowed to play in the Champions League or the Europa League in the 2016-17 and 2017-18 seasons having failed to comply with Uefa’s settlement terms.

Galatasaray were knocked out of this season’s Champions League at the group stage and were eliminated from the Europa League by Lazio last week.
 
It sounds to me like they didn't pay their fine or comply with an already levied sanction?

That wouldn't constitute a new action.

Am I correct?
 
It was interesting to hear that there was a meeting at the Dorchester Hotel this week attended by executives of the the so-called 'big five' English clubs ((ars*nal, Chelsea, Liverpool, Man Utd & Man City) and apparently they discussed ways in which they could sew up entry IN PERPETUITY into the Champions League regardless of where they finished in the EPL (reported in today's Times). FFP would therefore be made redundant in respect of those clubs.

It would seem that if they had their way the likes of us and Leicester would effectively be barred from the top European table for ever. They're worried, no question.
 
Turkish clubs should have been banned from europe for countless other reasons before this. Forgive me if i'm not impressed by this...