Malaga’s hopes of participating in next season’s Europa League vanished on Tuesday after the court of arbitration for sport rejected their appeal against a UEFA ban from continental competition.
The Spanish topflight club were initially banned from UEFA competitions for two years in December after failing to settle debts with rival clubs and the country’s tax office.
The ban was reduced to one year when Malaga paid up ahead of the March 31st deadline.
They later appealed to the CAS asking for the ban to be lifted or reduced, but sport’s highest authority rejected the appeal leaving Malaga out of the European competition.
The club finished sixth in La Liga last season and their spot in the Europa league will now be filled by Rayo Vallecano – who are are also struggling to keep their finances in order.