Milan has been referred by UEFA for violating regulations concerning Financial Fair Play. The European football organization announced the decision through tthe following statement:
“The UEFA Club Financial Control Body (CFCB) investigatory chamber has today communicated its decision to refer the case of AC Milan (Italy) to the CFC adjudicatory chamber as the club has failed to comply with the break-even requirement during the monitoring period assessed in the current season and covering the 2015-16, 2016-17 and 2017-18 seasons.
“UEFA will be making no further comments on the matter until a decision has been reache by the CFCB adjudicatory chamber in this case."
“This referral is not related to the decision that was made by the CFCB adjudicatory in December 2018 and was covering the 2014-15, 2015-16 and 2016-17 seasons.”
