Milan are due to problems with the financial fair play will not participate in the two upcoming European seasons.
Milan tried to agree with UEFA on a gradual resolution of problems with financial fair play, however, the governing body of European football had not accepted the offer of the Italian club.
In addition to the two-year excommunication from the Champions League AC Milan received a penalty of 30 million euros.
According to the publication “Sky Sport Italia”, “Milan” in the next 10 days has the right to appeal. If it is not approved, then the seat of the “Rosso-Neri” in the next draw of League of Europe will take Fiorentina and Atalanta will have the right to start in qualification.
In April of last year, Silvio Berlusconi’s roughly 740 million euros sold “Milan” group of Chinese investors headed by Lee Yunhanam. During the transfer window “Rosso-Neri” players purchased almost 200 million euros in minimum revenue from sales of players.
Milan have had a chance to restore financial balance through the sale of the shares of the club to American businessman Rocco Comisso, however, the new owners of the club refused this option.
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