UEFA handed two-year ban to Serie A giant AC Milan
Europa League By: Ikponmwosa Umweni | 28/06/2018
UEFA handed two-year ban to Serie A giants AC Milan from European competitions for breaching Financial Fair Play regulations.The Club Financial Control Body (CFCB) made the decision following an investigation into allegations of FFP violations, including failure to comply with the break-even requirement, by the seventh-time Champions League winners."The CFCB, chaired by José Narciso da Cunha Rodrigues, has taken 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," said the financial control body in a statement."The club is excluded from participating in the next UEFA club competition for which it would otherwise qualify in the next two seasons (i.e. one competition in 2018-19 or 2019-20, subject to qualification).