Milan meets with UEFA over finances. Here are the possible outcomes

09 nov 2017

AC Milan is scheduled to meet with executives of UEFA to determine how the club will handle its Financial Fair Play agreement. After spending ~€220 million on players over the summer, the Rossoneri will need to settle it’s debt with Europe’s football governing body.

Milan CEO Marco Fassone and President Han Li are expected to present a business model to UEFA that outlines their plans to pay off the debt. By presenting a plan that includes various scenarios like playing in Champions League, Europa League, etc, they are hoping to avoid having to sell one or two of their top players next summer to settle the debt.

The figure in question is reportedly between €30-40 million, but by pushing the payment off for five years, the club is willing to see that figure nearly double.

There are three possible outcomes from today’s voluntary hearing:
1)   UEFA accepts the proposal
2)   A delay on the review until February, which would entail fines and transfer limits
3)   A denial which would lead to a massive €20 million fine, which Mr. Li would likely share with former owner Silvio Berlusconi

An answer is expected today, though UEFA has until Christmas to respond.