UEFA fined Milan with 20 million euros

Milan has to pay a 20 million euros fine to UEFA as part of an agreement in line with financial fair play, Italian media reported. According to the information, five million euros is a hardcore penalty, while the other 15 million are conditional and depend on the achievement of certain economic performance by the club.

The heavy fine was imposed as the Rosoneri leadership failed to negotiate a voluntary agreement with UEFA after doubts were raised that Milan would be able to repay a 300m-euro loan by October 2018.