UEFA said the investigation found that Milan had"failed to comply with the break-even requirement" for the 2018/19 season, its most recent monitoring period, and that the case had been passed to its financial adjudicators.Under UEFA regulations, any club spending more than the revenue it generates faces possible sanctions, including, in certain circumstances, a ban from competitions run by UEFA.
Milan were given a one-season ban from European football in June after UEFA ruled that the club had not complied with FFP rules for the previous monitoring period. Milan were then able to take part in this season's Europa League, which they exited in the group stage, while UEFA was ordered by CAS to find an alternative punishment.
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