AC Milan banned from Europa League over Financial Fair Play regulations
AC Milan have been banned from next season’s Europa League competition by UEFA following an investigation of the club’s finances.
The governing body had been looking into whether the Italian club had complied with the Financial Fair Play (FFP) regulations, in particular, the break-even requirement.
On Wednesday, a UEFA statement read: “The club is excluded from participating in the next UEFA club competition for which it would otherwise qualify.”
Milan, who finished sixth in Serie A last season, qualified for next season’s Europa League and so the ban will stop them from playing in that competition.
The Italian club has the right to appeal the decision to the Court of Arbitration for Sport in Lausanne, Switzerland.
Before the verdict, Milan released a video on Twitter saying they expected “fairness, rulings based on facts and equal rules for all” from UEFA.
The statement said the club are “ready to pay for the errors made in the past” and “have the utmost respect for the rules, but we expect equality”.