AC Milan have officially met their intermediate financial targets, as per their UEFA Settlement Agreement, which was confirmed earlier this evening.
Milan are getting ready to exit their Settlement Agreement, following impressive results in recent years, but UEFA’s monitoring is still ongoing. The penultimate verdict from the First Chamber of the Club Financial Control Body (CFCB) arrived this evening, and it was good news for Milan.
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“AC Milan (ITA), FC Internazionale Milano (ITA), AS Monaco FC (FRA), Olympique de Marseille (FRA), Paris Saint-Germain (FRA), Beşiktaş JK (TUR), Trabzonspor A.Ş. (TUR) and Royal Antwerp FC (BEL) were all found to have fulfilled the intermediate financial targets set for the financial year ending in 2024,” the statement read.
Of course, this was to be expected given how well Milan have done on the financial side of things in recent years, perhaps at the detriment of their sporting success. In any case, the verdict for 2025 remains before the Rossoneri will officially exit the Settlement Agreement.
It should be noted that while Milan and Inter passed the tests, Roma did not and were fined €3m for their breaches. The Giallorossi were also fined €2m for the 2023 verdict a year ago, so there are certainly some issues in the Italian capital.
No cho Cho Cho here now oh, only this feat alone is enough to encourage the management in getting business done without any fear of ffp.
For saving 7 million in fines, you get bounced out of europe, loose your best midfielder and have two other top players leaving on either free or low ball deals.
A Cardinale sin
Underrated comment :((((((
Dumb comment. Some club get banned from Europe after many breaches Some get transfer banned Madrid and Chelsea.