Pope Clement V issues the papal bull Vox in excelso to officially dissolve the Knights Templar military order. The Templars have been under attack for the past five years
There is little or no hard evidence that any Templars are guilty of anything they have been accused of. There are many confessions, but all have been extracted after extensive torture and most are recanted as soon as the person is able.
The Knights Templar are being attacked and suppressed because King Philip IV the "Fair" of France wants to seize all their property as well as eliminate all the debts he owes them. Pope Cement V is unable or unwilling to resist the pressure Phillip puts him under.
The bull Vox in excelso says:
"In view of the suspicion, infamy, loud insinuations and other things which have been brought against the Order... and also the secret and clandestine reception of the brother of this Order; in view, moreover, of the serious scandal which has arisen from these things, which it did not seem could be stopped while the Order remained in being, and the danger to faith and souls, and the many horrible things which have been done by the very many of the brothers of this Order, who have lapsed into the sin of wicked apostasy, the crime of detestable idolatry, and the execrable outrage of the Sodomites ...
it is not without bitterness and sadness of heart that we abolish the aforesaid Order of the Temple, and its constitution, habit and name, by an irrevocable and perpetually valid decree; and we subject it to perpetual prohibition with the approval of the Holy Council, strictly forbidding anyone to presume to enter the said Order in the future, or to receive or wear its habit, or to act as a Templar."