Milan and UEFA are reportedly in negotiations to work out a simpler Financial Fair Play settlement rather than lodge a new CAS appeal.
The Rossoneri were found to be in breach of FFP regulations and ordered to break even by 2020-21 or risk being excluded from European tournaments.
Milan’s new owners Elliott Management argue they should not be punished for the mistakes of the previous administration, under Yonghong Li.
Milan and UEFA are reportedly in negotiations to work out a simpler Financial Fair Play settlement rather than lodge a new CAS appeal.
The Rossoneri were found to be in breach of FFP regulations and ordered to break even by 2020-21 or risk being excluded from European tournaments.
Milan’s new owners Elliott Management argue they should not be punished for the mistakes of the previous administration, under Yonghong Li.
They are asking for more time to achieve a break-even status, as the only real way to achieve that would be to sell practically all their top players.
Having already won a previous appeal to the Tribunal of Arbitration for Sport (known as TAS or CAS) to gain entry into this season’s Europa League following exclusion, Milan lawyers are tempted to go down that route again.
The Corriere della Sera, La Repubblica and more Italian newspapers maintain Milan are negotiating with UEFA to avoid more costly legal action, instead trying to work out a deal between them to extend the time available to balance the books.
The Rossoneri can also count on this week’s Paris Saint-Germain victory in the courts against FFP rulings as further incentive for UEFA to avoid another setback.