AC Milan have officially announced their intention to challenge UEFA’s verdict at the Court of Arbitration for Sport.
After several days of waiting, UEFA finally came to a conclusion on the ruling of Milan’s situation earlier on Wednesday, banning them from European competitions for the next year.
However, the club released a statement on their official website confirming their decision to challenge the ruling.
“The Adjudicatory Chamber of UEFA’s Club Financial Control Body has decided to sanction AC Milan, for the breach of the UEFA Club Licensing and Financial Fair Play Regulations in the three-year period between July 2014 and June 2017 with one year of exclusion from UEFA Club Competitions,” the statement reads.
“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.”