CAS Refers Case Back To Uefa
AC Milan have successfully overturned a two-year ban from European football. The Serie A side will play in the Europa League next season.
Milan were hit with the sanction by Uefa after they found the Italian giants had broken Financial Fair Play regulations. However, Milan appealed to the Court Of Arbitration For Sport and after a hearing on Thursday the CAS has overturned the ban and referred the case back to Uefa for a more proportionate penalty.
In a statement on Friday, CAS admitted that Uefa were correct in finding Milan guilty of failing to adhere to the confederation’s financial restrictions. However, it decided that the two-year ban from European football was excessive.
“The CAS Panel rejected AC Milan’s request to order UEFA to enter into a settlement agreement but acknowledged that the decision of the Adjudicatory Chamber of the UEFA CFCB to exclude AC Milan from the UEFA Club Competition was not proportionate.”
Uefa may now decide on a fine rather than a ban in what could prove to be a turning point in Financial Fair Play.
The statement added: “The Panel considered that some important elements have not been properly assessed by the Adjudicatory Chamber, or could not be properly assessed at the moment when the Appealed Decision was rendered (19 June 2018), and noted in particular that the current financial situation of the Club was now better, following the recent change in the Club’s ownership.
“The Panel decided to refer the case back to the Adjudicatory Chamber of the UEFA CFCB because the Club had requested that the case be referred back to UEFA and because it considers that the Adjudicatory Chamber is in a better position than the CAS Panel to issue a new proportionate disciplinary measure on the basis of the current financial situation of the Club.”