AC Milan are planning to appeal against the UEFA’s decision to ban them from the Europa League for two seasons. The European Football Association confirmed on Wednesday that the Italian giants have been banned from all European competitions after not complying to Financial Fair Play and licensing regulations.
“After taking note of the aforementioned ruling, AC Milan has instructed its legal team to appeal the decision before the Court of Arbitration for Sport in Lausanne, seeking for a prompt review of the ruling. AC Milan fully trusts the CAS will hear its arguments and will refrain from commenting further pending the arbitration.”
Milan was taken over by a Chinese consortium last year in April and have been spending big since he took over. Last summer the club spent 190 million on transfers, including Leonardo Bonucci, Andre Silva and Hakan Calhanoglu.