Milan and UEFA are waiting for the CAS verdict before ruling on FFP violations so that the two different cases can be combined into one.

The Rossoneri had originally been excluded from the Europa League last spring due to Financial Fair Play violations regarding the 2015, 2016 and 2017 years.

Their appeal to the CAS in Lausanne caused that to be suspended and they were able to play, albeit eliminated in the group stage, before the verdict in December 2018.

Milan and UEFA are waiting for the CAS verdict before ruling on FFP violations so that the two different cases can be combined into one.

The Rossoneri had originally been excluded from the Europa League last spring due to Financial Fair Play violations regarding the 2015, 2016 and 2017 years.

Their appeal to the CAS in Lausanne caused that to be suspended and they were able to play, albeit eliminated in the group stage, before the verdict in December 2018.

The CAS decided the UEFA punishment was too severe and it was scaled down to the requirement Milan break even – without the €30m leeway – by 2021.

This is practically impossible to achieve, so Milan lodged another appeal to the CAS in April 2019 and that is still pending. In fact, there isn’t even a date for the hearing yet.

UEFA were meant to rule today on not the 2015, 2016 and 2017 years, but the period from 2016, 2017 and 2018.

Since the original case, Milan’s finances have, if anything, reached an even worse state and losses of approximately €126m were registered in 2018, while another €80m will be lost by June 2019 unless there are some radical changes.

The plan could well be therefore to wait until the initial verdict has come through from the Court of Arbitration for Sport and then negotiate with UEFA to combine the two into one big case.

This would allow new owners Elliott Management Corporation to present their plans for the future, financial restructuring and make clear they were inheriting a disastrous situation left by the two previous administrations, Silvio Berlusconi and Yonghong Li.

Elliott only took over Milan because Yonghong Li defaulted on the repayment of loans he had taken out with them to purchase the club.

Meanwhile, Roma and Torino wait anxiously for news, because if Milan were to be excluded from Europe, they’d automatically bump up the standings and Toro enter the tournament at the preliminary round.

If the delays continue, though, then they might not get the go-ahead until the last minute.

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