Ivan Gazidis AD of the AC Milan during the serie A match between AC Milan and Spal at Stadio Giuseppe Meazza on December 29, 2018 in Milan, Italy. This has certainly been the case for AC Milan this week, as on Friday UEFA announced that the club’s offer to relinquish their place in the Europa League for the forthcoming campaign had been accepted. “The UEFA Club Financial Control Body (CFCB) Adjudicatory Chamber has issued a procedural order confirming the exclusion of AC Milan from the upcoming UEFA club competitions season,” an official statement read. Owners Elliott Management will now be allowed to effectively plan for the future, and supporters can be confident that this will be both sensible and sustainable. “AC Milan remains committed to restoring the Club to its rightful place at the top of European football.

Source: Forbes June 30, 2019 13:30 UTC