EYEAFRIC TV: Roma, Italy:AC Milan have struck a deal with UEFA to serve a one-year ban from European football over breaches of Financial Fair Play rules.
The Court of Arbitration for Sports said UEFA will end its proceedings against the Italians club AC Milan for overspending, AC Milan is excluded from UEFA club competitions of the sporting season 2019-2020.
Milan’s ban means AS Roma, who came sixth in the standings, move up to the Europa League group stage while their place in the qualifying rounds is taken by seventh placed Torino.
Seven-time European champions Milan finished one point behind local rivals Inter, who took the final Champions League qualifying place.
Milan previously successfully appealed against a two year ban imposed by UEFA last summer after being found guilty of breaking spending rules between 2015 and 2017.
Under UEFA regulations, any club making losses beyond the permitted limits over a three-year period faces possible sanctions, and in some circumstances, a ban.
Milan were able to take part in last season’s Europa League going out in the group stage after appealing to CASA, persuading it that their finances would improve under new ownership. The club, which finished fifth in Italy’s Serie A, will miss next season’s Europa League.