Milan have, as expected, announced their appeal to the Court of Arbitration for Sport after UEFA excluded them from Europe for one year.
The punishment was handed down for Financial Fair Play violations and announced this afternoon.
“The Adjudicatory Chamber of UEFA's Club Financial Control Body has decided to sanction AC Milan, for the breach of the UEFA Club Licensing and Financial Fair Play Regulations in the three-year period between July 2014 and June 2017 with one year of exclusion from UEFA Club Competitions,” read the statement.
“After taking note of the aforementioned ruling, AC Milan has instructed its legal team to appeal the decision before the Court of Arbitration for Sport in Lausanne, seeking for a prompt review of the ruling.
“AC Milan fully trusts the CAS will hear its arguments and will refrain from commenting further pending the arbitration.”
Notably, the statement refers to the period between July 2014 and June 2017.
Current owner Yonghong Li only completed his takeover of the club in April 2017, buying Milan from Silvio Berlusconi.
lesakmnryz
0
up Rocco comisso.. us billionaire.. spend for AC Milan...up legend gattuso the mafian italy
Philchetz
0
very wrong for that UEFA nooop
tonacdkrsu
2
Ac Milan will have strong case if they announce new owner soon because with Yonghong Li in the picture will be the same thing before rejected. so please man take the damn offer and leave no one want you or fassone and take that idiot Mirabelli with you because he can't handle the market.
NicholasShadab
0
HOPE👏👏