Football Soccer - Galatasaray v Lazio - UEFA Europa League Round of 32 - Ali Sami Yen Spor Kompleksi, Istanbul, Turkey - 18/02/16 Galatasaray's players celebrate their first goal against Lazio REUTERS/Murad Sezer
(Reuters) - The Court of Arbitration for Sport(CAS) has rejected Turkish club Galatasaray's appeal to overturn a one-season European ban imposed on them by UEFA for their failure to meet Financial Fair Play (FFP) regulations.
The club had lost about 164 million euros (125.94 million pounds) over the last three seasons, the club's chairman told Reuters in February, thus breaching the guidelines set by European football's governing body.
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