AC Milan have stricken a deal with Uefa to serve a one-year ban from European soccer over breaches of monetary fair Play rules.
The club, which finished fifth in Italy’s Serie A, can miss next season’s Europa League.
Uefa will end its proceedings against the Italians for overspending, aforesaid the Court of Arbitration for Sport (Cas).
“AC Milan is excluded from Uefa club competitions of the sporting season 2019-2020,” said Cas.
Milan’s ban means that AS Roma, who came sixth in the standings, move up to the Europa League group stage whereas their place in the qualifying rounds is taken by seventh-placed Torino.
Seven-time European champions Milan finished one point behind native rivals inter, who took the ultimate Champions League qualifying place.
AC Milan confirmed their “voluntary acceptance” of the ban and aforesaid they hoped it’d “act as a stimulus” to require them back to the highest.
“Whilst saddened by the actual fact that our fans won’t be able to see their team vie in European competition next season, the club recognises and respects FFP,” the club aforementioned in an exceedingly statement.
The football federation Fifa says it is “currently looking into” Cameroon’s behaviour during their World Cup last-16 defeat by England side.
“The club acknowledges it’s no different choice but to simply accept the sanctions, because it seeks to forge a pathway back to full compliance.
“AC Milan remains committed to restoring the club to its rightful place at the highest of European football.”
Milan previously successfully appealed against a two-year ban obligatory by Uefa last summer after being found guilty of breaking spending rules between 2015 and 2017.
Under Uefa rules, any club creating losses on the far side the allowable limits over a three-year period faces potential sanctions, and in some circumstances, a ban.
Milan were able to participate in last season’s Europa League – going go into the group stage – after appealing to Cas.