AC Milan pulls out of next season’s Europa League in a deal reached with UEFA for violating Financial Fair Play rules. The Court of Arbitration for Sport announced the agreement on Friday. CAS had ruled previously that AC Milan was in breach of FFP rules over the previous three years for overspending on new players.
Lausanne, 6 June 2019 – The Court of Arbitration for Sport (CAS) has registered an appeal filed by Manchester City Football Club (MCFC) against the Union of European Football Associations (UEFA). The appeal is filed against decisions taken by the Investigatory Chamber (IC) of the UEFA Club Financial Control Body (CFCB) regarding MCFC’s alleged non-compliance
June 30 – Updated FFP rules ease restrictions on club spending. Mark Bisson reports.
Oct. 21 – Michel Platini today urged European Union sports ministers to condemn the “terrible practice” of third-party ownership of football players and to back UEFA’s financial fair play measures. INSIDER’s Mark Bisson reports.
Oct. 10 – Erick Thohir says Inter want their own stadium and talks revenue generation… Roma under UEFA investigation for possible breach of Financial Fair Play rules. But owner James Pallotta tells INSIDER club is “the poster-boy for fiscal responsibility”. Christian Radnedge reports
Oct. 10 – UEFA’s general secretary Gianni Infantino insists that Financial Fair Play “is working” despite a number of clubs falling foul of the regulations. Christian Radnedge reports.
Sept. 9 – European clubs will take some persuading to back Sepp Blatter’s plan to switch 2022 World Cup to winter… Michel Platini talks financial fair play, third-party ownership at ECA general assembly… UEFA to redistribute 24 million Euros of withheld prize money. INSIDER’s Mark Bisson reports.
May 5 – Nine clubs are facing UEFA sanctions for failure to comply with its financial fair play rules.
April 29 – Although UEFA is not confirming it, Manchester City and Paris St-Germain are believed to be among a group of clubs set to be handed sanctions for breaching its financial fair play rules. INSIDER’s Mark Bisson reports.
April 25 – UEFA president Michel Platini says no club will be excluded from European competition as part of the first round of financial fair play (FFP) sanctions… Euro 2020 bid dossiers due with UEFA today, with Scotland among bidders.