Finance ministry urges football clubs to settle €35.6m in debt

The finance ministry on Tuesday sent a letter to football clubs participating in the debt repayment scheme, urging them to settle their debts to the state, totalling €35.6 million, which were accumulated from July 2007 to March 2023.

Recently, the tax department sent a letter to the Cyprus Football Association (CFA), urging it to remind top-tier football teams to comply with the provisions of the latest government scheme established in May 2023. The clubs are required to pay their instalments...