NEWS
Friday July 20 2018
Inter balance sheets at CAS

It’s reported that Milan have successfully lobbied to see the accounts for Paris Saint-Germain, Inter and Manchester City at the Court of Arbitration for Sport.

The Rossoneri are appealing a European ban, imposed by UEFA for Financial Fair Play violations.

Other big clubs have been treated in far more lenient fashion, so the club’s lawyers petitioned to see City, Inter and PSG’s accounts.

They believe they set an important precedent, as if those balance sheets show similar losses and debts it would raise questions about why those clubs weren’t excluded.

According to La Repubblica, CAS has accepted the request and ordered UEFA to produce the documents.

However, the FFP Club Financial Control Body did not in its motivations that Milan’s losses were only part of the reason for barring them from the Europa League.

There were also severe doubts over owner Yonghong Li, who has since been ousted by U.S hedge fund Elliott Management.

While that should partly assuage UEFA, the fund will look to sell the club when it can, which still creates ownership uncertainty.

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