Voluntary Agreement Milan

The scope of this type of agreement is to combine certain financial contributions with many restrictive conditions and to make available to clubs a plan to meet break-even requirements in a short period of time. On 15 December 2017, UEFA`s website reported that the club`s financial control investigation chamber had decided not to enter into a voluntary agreement with AC Milan in the context of the application of UEFA`s rules on the licensing of financial institutions (UEFA Regulation). Now let`s move on to the settlement agreement. UEFA ends on this programme all clubs that have not respected the parameters of Financial Fair Play (budget in red of 30 million maximum over the last three years). The penalties depend on the severity of the three-year deficit: possible fines, the reduction in the number of players on UEFA`s lists and the obligation to reduce the salary cap.