Financial Fair Play: AC Milan case referred to the Club Financial Control Body adjudicatory chamber

"The UEFA Club Financial Control Body (CFCB) investigatory chamber has today communicated its decision to refer the case of AC Milan (Serie A TIM) to the CFCB adjudicatory chamber as the club has failed to comply with the break-even requirement during the current monitoring period assessed in the 2018-19 season and covering the reporting periods ending in 2016, 2017 and 2018," announced UEFA on 10/04/2019.

"This referral is not related to the decision that was made by the CFCB adjudicatory chamber in December 2018 concerning the previous monitoring period and was covering the reporting periods ending in 2015, 2016 and 2017. That decision is currently subject to an appeal at CAS," added the European body which also stated "UEFA will be making no further comments on the matter until a decision has been reached by the CFCB adjudicatory chamber in this case."

The December 2018 decision referred to by UEFA was the result of the previous investigation: the Milanese club was first excluded from the 2018-19 Europa League before being readmitted by the Court of Arbitration for Sport (AC…