UEFA to reject Milan’s voluntary settlement – reports
Rome (AFP) – European football governing body UEFA is set to refuse AC Milan’s application for a voluntary agreement regarding Financial Fair Play rules, Italian press said on Thursday. With a loss of some 255 million euros ($300m) over the last three seasons, fallen Italian giants Milan are some way from complying with UEFA’s limit of 30 million euros in losses over that same period. Chinese-owned Milan had been hoping for a negotiated agreement to avoid incurring any penalties but La Gazzetto dello Sport claimed that “UEFA says no to Milan’s plan” and described it as “a tough blow for
The post UEFA to reject Milan’s voluntary settlement – reports appeared first on World Soccer Talk.