Nania FC will face a US$ 1,500 fine and a three-year ban for pulling out of the 2012 Caf Confederation Cup.Article 13 of the CAF regulation stipulates that clubs who withdraw from the competition will taste such penalties”Withdrawals declared before the start of the competition and until the 1/8th final round inclusive, shall entail a fine of 1500 dollars in addition to losing the engagement fees.”Apart from the financial sanctions, every club withdrawing from the competition after the establishment of the fixtures will be forbidden from participating in all CAF inter-clubs competitions for three years following its withdrawal.”Nania FC, owned by legend Abedi Pele, withdrew citing the lack of funds.The Legon-based side won the Ghana FA Cup last season after beating Kotoko in the final.