There are reports indicating that UEFA have decided to remove AC Milan from next season’s Europa League after the club failed to improve their standing with FFP.
For several months now, AC Milan has been under pressure to raise funds to enable them to comply with FFP regulations but club president Yonghong Li is currently searching for outside investors to ease Milan’s financial issues, reports from Sportsmole suggests. This means that the club could be up for sale to highest bidder.
Since the Italian giants are yet to find a lasting solution, La Gazzetta Dello Sport says UEFA have decided to punish Milan by banning the club from European football during the next campaign.
The report also claims that the announcement with be made on Monday with Milan also being handed a fine of €30m (£26.38m), however, they can be allowed an immediate appeal if need be.
Milan could potentially look to part ways a number of players to ease their financial burden, and clubs are likely to try to tempt Milan into sales in the coming weeks.