Milan risk Europe ban over FFP
Former European champions Milan will be banned from European competition for a season if they do not break even by June 2021 after falling foul of UEFA’s Financial Fairplay (FFP) rules.
The decision from Europe’s governing body was taken after Milan successfully appealed against a two-year ban imposed last summer. The Court of Arbitration for Sport (CAS) partially upheld that appeal and asked for a “proportionate disciplinary measure” to be imposed on Milan.
The Italian club now has two-and-a-half years to balance its books or face missing European competition in either 2022-23 or 2023-24, should the team qualify.
UEFA confirmed that Milan can appeal again to CAS against the new ruling.
The UEFA decision was another setback for the seven-time champions of Europe, who crashed out of this season’s Europa League after losing 3-1 to Olympiakos.