Milan face European ban over financial rules breach
AC Milan have been hit by one of the biggest fines ever imposed by Uefa for breaching Financial Fair Play (FFP) rules and face a one-season ban from European football if they fail to break even within the next three years.
European football’s governing body also announced that the Rossoneri will have €12m of its Uefa revenues from this season’s Europa League withheld, and will be allowed to register a maximum of 21 – instead of 25 – players for Uefa competitions in the next two seasons.
The ruling, which can be appealed to the Court of Arbitration for Sport (CAS), comes a day after Gennaro Gattuso’s side were knocked out of the Europa League at the group stage phase, following a 3-1 defeat against Olympiakos.
The seven-time European champions were originally banned from this season’s Europa League after breaking rules monitoring spending on transfers and wages from 2014 to 2017, on players such as centre-back Leonardo Bonucci, midfielder Hakan Calhanoglu and striker Andre Silva. But that ruling was overturned by the Cas after an appeal, and the case was sent back to UEFA