Dave Posted December 14, 2018 Posted December 14, 2018 UEFA has fined AC Milan £10.7m and threatened the club with a one-season ban from European competition for breaking financial fair play rules. A UEFA panel says the ban will be activated if Milan fails to break even on soccer-related business in June 2021. The decision was announced the day after Milan was eliminated from the Europa League. The £10.7m will be deducted from its prize money. UEFA originally banned Milan from the competition in June for violations of rules monitoring spending on player transfers and wages up to 2017. The club also spent heavily in an offseason spending spree that year. Milan was reinstated within weeks by the Court of Arbitration for Sport, which sent the case back to UEFA for a fairer punishment.
Administrator Batard Posted December 14, 2018 Administrator Posted December 14, 2018 I'm astounded by the fine. Given QPR were nearly fined four times as much by the EFL. Farcical really.
Administrator Stan Posted December 18, 2018 Administrator Posted December 18, 2018 Was to be expected as they went a bit crazy soon after they got their new investment. They really need to qualify for European competition (and by that, I mean Champions League) to sustain even balance on 'soccer-related business'.
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