SEVEN-TIME EUROPEAN champions AC Milan have been banned from entering next season’s Europa League as a punishment for breaching Uefa Financial Fair Play (FFP) rules.
The Italian club will be excluded from the 2018/19 competition after they failed to meet FFP’s break-even requirement, Uefa said on Wednesday.
Gennaro Gattuso’s side spent approximately €190 million in transfers during the 2017/18 season but only received approximately €35 million from transfer fees after the club was bought by a Chinese consortium in April last year.
Clubs’ finances are assessed every three seasons with clubs allowed to register a maximum loss of €30 million over the three seasons. The regulations were created to prevent clubs spending more than they earn and level the playing field for smaller clubs.
Ahead of the decision, the club released a video stating that they had made a €28 million profit for the year and said that they were expecting fairness and equality in Uefa’s decision.
Ahead of UEFA's judgement, we want to share with you some significant facts. We are expecting fairness, rulings based on facts, equal rules for all.#weareacmilan pic.twitter.com/KtQcLD5pmK
— AC Milan (@acmilan) June 25, 2018
In a statement, Uefa confirmed they had made “a decision in the case of the club AC Milan that had been referred to it by the CFCB Chief Investigator for the breach of the Uefa Club Licensing and Financial Fair Play Regulations, in particular the break-even requirement.”
“The club is excluded from participating in the next Uefa club competition for which it would otherwise qualify in the next two (2) seasons (i.e. one competition in 2018/19 or 2019/20, subject to qualification).”
The decision is subject to a Milan appeal, while Uefa have confirmed that they will release more details in the near future.
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Charlie Adam all day long. I thought Mata’s scissors kick was worthy of a nomination though.
Charlie Austin’s would be in my top 5 and its not even here. That one touch turn and strike was sweet
Yeah Charlie Austin’s was a class goal,definitely should be there. Charlie Adam’s for goal of the season though.
Ya maybe your right but the fact that he always tries it and it’s not off the cuff just makes it less special I feel. Austin’s, for example, was sheer instinct.
Search on youtube “Di Maria Manchester United” some of his crosses and assists there are amazing. He fully deserves another chance to prove his worth at United!
Definitely. His form dipped when he returned from injury. Happens to a lot of players. Even though his form dipped, only cesc has more assists than him. Makes me wonder what might have been had he avoided the injury.
It’s got to be Charlie Adam. Although Phillips is in with a shout. If a top player scored that we’d still be talking about it – you don’t often see 45 yard screamers- it wasn’t a looping shot but a belter from that distance rising all the way.
If public polls are anything to go by, Giroud will win this poll by a mile :P
Lads Matty Philips was over 40 yards out!! No contest.
Thought longs goal against villa would have been in the top 10
Love Zamora’s one. Outside of the boot, quality
Schurrle overhead ? Hard to do it at the best of times but he had to set this one up himself by taking it on the chest first . That would be my choice
Fabregas vs Burnley should atleast be nominated surely??