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AC Milan's appeal against a European ban for breaking the rules of Uefa's financial fair play will be heard Thursday by the Court of Arbitration for Sport, announced the Lausanne court
. The decision would be taken at 9:30 (07:30 GMT) and probably within 24 hours.
Last month, UEFA, UEFA, banned Milan's Europa League for the coming season.
AC Milan pbaded 15 months ago, they had been bought by Chinese businessman Li Yonghong from Silvio Berlusconi in April 2017. The recovery was partially financed by a loan rate High interest of 300 million US hedge fund Elliott Management.
When Milan fails to pay back in early July, Elliott takes over, a process that must be ratified by the club's shareholders on July 21.
Chinese owners have spent more than 200 million euros players last summer and that, combined with the terms of the Elliott loan, triggered the interest of UEFA. & # 39; v2.5 & # 39;})}; (function (d, s, id) {var js, fjs = d.getElementsByTagName (s) [0]; if (d.getElementById (id)) {return} js = d. createElement (s); js.id = id; js.src = "http://connect.facebook.net/en_US/sdk.js"; fjs.parentNode.insertBefore (js, fjs)} (document, "script", & # 39; ; facebook-jssdk & # 39;));
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