LYON: UEFA has confirmed the exclusion of AC Milan from the upcoming UEFA club competitions season for its failure to comply with financial fair play rulesduring the monitoring periods assessed in the 2017/18 and 2018/19 seasons and covering the reporting periods ending in 2015, 2016, 2017 and 2018.
The statement from UEFA's Club Financial Control Body (CFCB) adjudicatory chamber came after the Court of Arbitration for Sport (CAS), before which the Serie A giants had gone in appeal, on Friday ruled in favour of European football's governing body.