Zlatan Ibrahimovic has been fined €50,000 and Milan €25,000 by UEFA after he was found to have shares in a betting company.

The presence of the Maltese company in his portfolio was discovered by Swedish media, sparking a UEFA investigation.

The forward insisted he had been unaware of the interest held by one of the companies that he had shares in.

“The Chairman of the UEFA Appeals Body today took the following decisions:

“To fine Mr. Zlatan Ibrahimović €50,000 for violating Article 12(2)(b) of the UEFA Disciplinary Regulations (DR), i.e. for having a financial interest in a betting company.

“The Chairman of the UEFA Appeals Body also issued Mr. Ibrahimović with a directive aimed at ceasing the player’s association with the relevant betting company.

“Finally, the Chairman of the UEFA Appeals Body decided to warn and fine AC Milan €25,000 for violating Article 12(2)(b) of the UEFA DR (in connection with Article 8 of the UEFA DR) for its player, Mr. Zlatan Ibrahimović, having a financial interest in a betting company.”