Milan will meet with UEFA in Nyon tomorrow, and expect to learn of their Financial Fair Play sanction by the weekend.
The Rossoneri have had both a voluntary agreement and a settlement agreement rejected, so face a wide range of sanctions, and could even be thrown out of the Europa League.
Tomorrow the club will plead its case before the Adjudicatory Chamber, and Gazzetta dello Sport reports that they have new arguments to put forward.
Milan will meet with UEFA in Nyon tomorrow, and expect to learn of their Financial Fair Play sanction by the weekend.
The Rossoneri have had both a voluntary agreement and a settlement agreement rejected, so face a wide range of sanctions, and could even be thrown out of the Europa League.
Tomorrow the club will plead its case before the Adjudicatory Chamber, and Gazzetta dello Sport reports that they have new arguments to put forward.
A new investor is set to come on board, and the Rossoneri delegation could present a written agreement which would promise investment within an agreed time frame.
UEFA have doubts about owner Yonghong Li, but Milan intend to argue that club and owner should be considered separately.
Unlike Li, Milan have clear and accessible accounts, and UEFA only has the power to deal with the club.
While the new owners did spend big last summer, it will be pointed out that the value of the group’s assets increased at the same time.
The Rossoneri will also present a written guarantee from Elliott Management, guaranteeing that the club will remain a going concern if Li can no longer invest.