UEFA Reject Milan Another Time.

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AC Milan remains under FFP monitoring after their latest voluntary agreement proposal has been rejected by UEFA.

UEFA are concerned that Milan won’t be able to pay back the loans that they have taken from the Elliott Management.

After careful examination of all the documentation and explanations provided, the Chamber decided not to conclude a voluntary agreement with AC Milan.

In particular, the Chamber considered that, as of today, there are still uncertainties in relation to the refinancing of the loans to be paid back in October 2018 and the financial guarantees provided by the main shareholder.

AC Milan will continue to be subject to the ongoing monitoring process and the situation will be assessed again in the first months of 2018.