AC Milan banned from 2019-20 Europa League

News      Official AC Milan’s request to withdraw from Europa League approved by CAS
     
     
        By Nikita Fesyukov

News Official AC Milan’s request to withdraw from Europa League approved by CAS By Nikita Fesyukov

They wrote: "The Court of Arbitration for Sport (CAS) has issued a consent award ratifying AC Milan's (the "Club") voluntary acceptance of a one year exclusion from UEFA Club competitions, in settlement of breaches of the UEFA Club Licensing and Financial Fair Play Regulations in the three-year periods 2014-2017 and 2015-2018".

The Rossoneri were due to participate in Europe's secondary club tournament, but they have been forced to withdraw after failing to adhere to FFP regulations.

The ruling comes during a time of transition for the Milan club as they and Internazionale announced plans to demolish the iconic San Siro.

Their campaign will start at the second qualifying round, with Roma joining old adversaries Lazio in securing a passage straight through to the group stage.

USA activist fund Elliott took control of the club past year as previous owner, Chinese businessman Li Yonghong, defaulted on his obligations toward the club.

The deal is good and bad news for AC Milan: they will be out of the Europa League next season, but in turn the European governing body will cease its proceedings against the club for overspending between 2016-18. The statement also pointed to the fact the owners inherited a club in July 2018 which had "substantial accumulated losses".

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This included five reports of minor burns, one report of smoke inhalation, and 17 reports of minor damage to personal property. Still, everyone with an affected unit should bring it in for service, especially as this includes a free battery replacement.

Having been allowed to compete in 2018-19, Milan ended up being knocked out at the group stage. The CFCB Adjudicatory Chamber proceedings were suspended on 5 June 2019 pending AC Milan's appeal to CAS for the years 2015, 2016 and 2017.

Milan appealed to CAS which overturned the ban the following month, accepting the club's argument that its finances had improved after an ownership change.

Serie A giants Milan have been excluded from the Europa League this coming season.

AC Milan have been banned from the UEFA Europa League 2019/20 season following a series of FFP breaches.

Milan has been warned that they must resolve the break-even issue by 2021, otherwise they will be disqualified from European competitions in the 2022-23 and 2023-24 seasons.

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