Serbian football club Partizan Belgrade have had their ban from UEFA competition over unpaid debts lifted by the Court of Arbitration for Sport ©FK Partizan/Twitter

Serbian football club Partizan Belgrade have had their ban from UEFA competition over unpaid debts lifted by the Court of Arbitration for Sport (CAS).

It comes after the club presented new evidence, which CAS says "clarified its overdue payables position with the Serbian tax authority".

UEFA revealed in January that Partizan had outstanding debts with other clubs, employees, and local social security and tax authorities, breaking European club competition licensing rules.

The Adjudicatory Chamber of the UEFA Club Financial Control Body (CFCB AC) decided to exclude the club from participating in the next UEFA club competition for which it would otherwise qualify in the next three seasons.

But Partizan appealed against the decision and gave evidence to show it had paid its tax bills.

"On this basis, the parties have agreed that the exclusion imposed by the CFCB AC shall be deemed to have been made conditional on the club's timely payment of the other overdue payables identified as at 30 September 2016," a CAS statement reads.

"Taking into account the fact that FK Partizan has satisfied this condition, the club will be eligible to compete in future UEFA club competitions."

Partizan currently sit second in the Serbian SuperLiga behind Red Star Belgrade ©Getty Images
Partizan currently sit second in the Serbian SuperLiga behind Red Star Belgrade ©Getty Images

Partizan currently sit second in the Serbian SuperLiga behind Red Star Belgrade.

They played in the UEFA Europa League this season but were eliminated in the second qualifying round after losing to Polish outfit Zaglebie Lubin.

Partizan is the first and only Serbian club to compete in the group stage of the UEFA Champions League, formerly the European Cup, having done so in the 2003-04 and 2010-11 campaigns.