The Court of Arbitration for Sport have this afternoon confirmed that an agreement has been found, which will see Serie A giants AC Milan forfeit their spot in next season’s Europa League, on the back of a number of Financial Fair Play breaches.
Milan to sit out 2019/20 European season
Discussions between the Milan board and both UEFA and the Court of Arbitration for Sport had been ongoing for some time now, as the parties sought a settlement which would see the Rossoneri handed a clean slate moving forward.
Milan were previously found guilty of overspending between 2015 and 2018.
And, as per the aforementioned announcement, a settlement has this afternoon arrived.
The Diavolo will, despite finishing 5th in Serie A last season, be banned from the 2019/20 Europa League campaign.
A statement on the part of the CAS regarding the decision reads as follows:
‘The Court of Arbitration for Sport (CAS) has issued a Consent Award embodying the agreement reached between AC Milan S.p.A and the Union of European Football Associations (UEFA) concerning breaches of the UEFA Financial Fair Play Regulations by the Italian club.’
‘i. The Decision rendered by the Adjudicatory Chamber of the UEFA Club Financial Control Body in the case AC-05/2018 on 20 November 2018 (i.e. decision under appeal in the CAS 2018/A/6083 matter) is set aside.’
‘ii. The Decision rendered by the Investigatory Chamber of the UEFA Club Financial Control Body on 10 April 2019 (i.e. decision under appeal in the CAS 2018/A/6261 matter) is set aside.’
‘iii. The decisions referred to under item i) and ii) above are replaced by the following order: “AC Milan is excluded from participating in the UEFA Club Competitions of the sporting season 2019/2020 as a consequence of the breach of its FFP break-even obligations during the 2015/2016/2017 and the 2016/2017/2018 monitoring periods”.’
‘iv. The Adjudicatory Chamber of the UEFA Club Financial Control Body is invited to issue a Procedural Order, acknowledging the outcome of the present arbitration(s) and terminating the AC-01/2019 proceedings relating to the 2016/2017/2018 monitoring period, which have become moot.’
‘v. The costs of the proceedings CAS 2018/A/6083 and CAS 2019/A/6261 shall be borne by AC Milan.’
‘vi. Each Party shall bear its own costs.’
‘vii. The CAS Award shall be made public.’
Roma and Torino benefit
Such a settlement had long been mooted, with Milan likely to be satisfied with the outcome, as the club’s board seeks to get their financial situation back in order, ahead of a push to return to where the Rossoneri no doubt feel they belong, in the Champions League.
The outcome also means that AS Roma, who finished 6th in the Italian top-flight last season, will gain automatic entry to the Europa League’s group stage.
Torino, meanwhile, look set to take their place in the competition’s qualifiers.
AC Milan requested EL ban as part of FFP settlement with Uefa. Also banned last year but CAS reinstated on appeal. Now mutually beneficial to accept:
– #ACMilan get time to sort finances + overall ruling on 3 years of breaches set to be more favourable
– Uefa seen clamping down
— David Ornstein (@bbcsport_david) June 28, 2019