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AC Milan striker Zlatan Ibrahimovic has been fined €50,000 but avoids ban from playing after the betting company affair.
Recently it was revealed that AC Milan striker Zlatan Ibrahimovic was co-owner of a betting company named Bethard. Immediately, UEFA opened a disciplinary investigation financial interest in a betting company and Zlatan risked a fine or suspension from football for up to three years.
Today UEFA have announced their decision to fine Ibrahimovic €50,000 for breaking UEFA rules by having a financial interest in a betting company and at the same time fine AC Milan €25,000 for the actions of their striker.
The Chairman of the UEFA Appeals Body today took the following decisions:
–To fine Mr. Zlatan Ibrahimovic €50,000 for violating Article 12(2)(b) of the UEFA Disciplinary Regulations (DR), i.e. for having a financial interest in a betting company. The Chairman of the UEFA Appeals Body also issued Mr. Ibrahimovic with a directive aimed at ceasing the player’s association with the relevant betting company.
Finally, the Chairman of the UEFA Appeals Body decided to warn and fine AC Milan €25,000 for violating Article 12(2)(b) of the UEFA DR (in connection with Article 8 of the UEFA DR) for its player, Mr. Zlatan Ibrahimovic, having a financial interest in a betting company.
The Swedish star who recently extended his stay at San Siro for one more year has since sold his 10% stake of Bethard, a Malta-based gambling website, through his company Unknown AB. Finally, the case is put to rest.
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