Serie A giants AC Milan have been banned by UEFA from next season’s Europa League following an investigation into their finances.
The ban was announced in a statement released on Wednesday by UEFA.
The governing body had been looking into whether the Italian club had complied with the Financial Fair Play (FFP) regulations, in particular, the break-even requirement.
Milan, who finished sixth in Serie A last season, qualified for next season’s Europa League and will now miss the competition die to the ban.
“The club is (AC Milan) excluded from participating in the next UEFA club competition for which it would otherwise qualify.”
Meanwhile, the seven-tome UEFA Champions League winners has the right to appeal the decision to the Court of Arbitration for Sport in Lausanne, Switzerland.
Milan got to the round of 16 of last season’s Europa League and was eliminated by Arsenal.