"The certificate of Football Club Kryvbas Kryvy Rih, which gives the right to participate in the all-Ukrainian football competition among the clubs of the Ukrainian Premier League in the 2013-2014 season has been revoked due to... the impossibility of demonstrating its ability to continue the smooth financial activities of the club until the end of the certification season," the FFU committee said.
The club can appeal such a decision within five days. If this does not happen, the club's place in the Ukrainian Premier League will be taken by Hoverla Uzhgorod. "If the team participating in the Premier League is expelled from the competition and if it takes the spot higher than 15th place in the table, then the team, which took 15th place, remains in the Premier League. This is Hoverla," FFU First Vice-President Serhiy Storozhenko said.
"In order to stay in the Premier League, it's necessary to file an appeal within five days and hope that it will be satisfied if there are grounds for that. However, there are no grounds. The club has no funds," he added.
As reported, Kryvbas did not play the match of the last, 30th round of the Ukrainian Premier League of the 2012-2013 season against FC Volyn Lutsk due to its difficult financial position.
Earlier, media reports said that the club's management had informed employees that billionaire Ihor Kolomoysky, who provided financial assistance to the team, had finally refused to spend money on it.