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Source: Diario AS
The Court of Arbitration for Sport (CAS) decided on Friday to cancel the sanction imposed by UEFA in Milan, which excluded it from the next edition of the Europa League and refer the case to the European federation to adopt a proportionate disciplinary measure on the Italian club.
In a statement, the CAS said that it is confirmed that the Italian club has violated UEFA's financial fair play regulations, specifically at the point of balance, but the court judged "disproportionate" the penalty of excluding him from participation in the next European competition for which he had qualified.
The CAS panel that studied the case considered that the UEFA Arbitration Chamber that imposed the penalty "did not properly badess certain elements" when it was not the case. she made her decision, "in particular that the financial situation of the club is now better after the recent change of owners ."
He also decided to refer the case to the chamber aforementioned UEFA at the request of the club and because it understands that "the Chamber of Rewards is in" a better position than the panel to determine disciplinary action provided on the basis of the situation current financial "of the entity.
Milan attended the CAS on July 4 after the UEFA House agreed to sanction the 27 of June with its exclusion from the European competition for which he has qualified for the next two seasons. [196] 59003] Being qualified for the Europa League 2018-2019 the penalty prevented him from playing the same.
For UEFA the Italian team violated the balance point of financial fair play regulation between July 2014 and June 2017.
The club has invested more than 200 million Euros in the 2018 transfer market and his case was pbaded on to the UEFA Prize House last May and resolved with the sanction now canceled.
Milan had secured his participation in the group stage of the next Europa League after finishing sixth in the Italian Series but UEFA's punishment has deprived him and has granted his place to Fiorentina, who was eighth in his league.
The CAS panel responsible for the case resolved this Friday was formed by the German Ulrich Haas, who acted as chairman, the Swiss Pierre Muller and the British Mark Hoveel and two days ago held the hearing with the parties at the seat of the court in Lausanne (Switzerland).
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