In case you didn’t know…
Seven-time Champions League winners AC Milan qualified for the Europa League after finishing fifth in the Serie A with 68 points. Last summer, they were handed a two-year ban from European competitions for breaching the Financial Fair Play (FFP) rules.
The Serie A giants successfully appealed at the Court of Arbitration for Sport (CAS) regarding their ban. But just after nine months, UEFA again sanctioned a ban due to MIlan’s failure to balance the books in the three-year period.
The heart of the matter
On grounds of breaching the Financial Fair Play rules, Milan and UEFA agreed on the punishment that covers the phases 2014-17 and 2015-18. As a result, Torino are set replace Milan as Italy’s third team in the Europa League, with Roma directly qualifying to the group stages.
The statement from Court of Arbitration for Sport (CAS) read:
What’s next?
With a major upheaval of the San Siro in their plans, the compromise will allow Milan to become more financially stable when they eventually return.
Meanwhile, they will take on German giants Bayern Munich in the International Champions Cup on 24 July.
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