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Milan was suspended from the European Games for a year by UEFA
Cas now cancels the decision, and the big Italian club is thus allowed to play in the Europa League.
At the end of June, UEFA announced the closure of AC Milan of Europe games for a year after the club broke the rules of financial fair play. However, the club appealed the case to the Sports Arbitration Court, Cas. And now you have heard.
Case announcement Friday that you cancel the decision to extinguish Milan. The arbitral tribunal, however, gives UEFA the right to violate the rules, but does not think the sanction is proportionate.
Case is now referred to the judicial body of the UEFA Ethics Committee, CFCB, which is responsible for finding a more appropriate sanction. But Milan can at least participate in the European League next season
However, the arbitral tribunal deserves Milan's request to negotiate an agreement with UEFA.
The club acquired in the summer of 2017 with a rating of more than 200 million euros. Milan has taken out large loans to finance purchases from players who did not go to UEFA, whose financial rules, Financial Fair Play, are essentially aimed at preventing excessive spending in relation to the financial reality of the club.
the argument that the club should put in place an economic plan to settle the debts, that Uefa said no.
Italian media contend that the fact that the US fund Elliot Management took over ownership of the club after the Chinese Li Yonghong in the decision of Cas.
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