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Ibrahimovic fined €50,000 by UEFA over link to betting company

Wed 26 May 2021 | 20:34

AC Milan forward Zlatan Ibrahimovic has been fined €50,000 for his part in a betting company.

UEFA opened an investigation into

Ibrahimovic

’s involvement with Malta-based betting company, Bethard, last month after Swedish publication Aftonbladet claimed the Milan striker was potentially in breach of FIFA regulations.

The 39-year-old striker has been reported to own a 10 percent stake in Bethard, through his company Unknown AB.

Ibrahimovic will likely be relieved somewhat after reports in the Swedish press suggested he could be slapped with a three-year ban.

However, in an official statement from UEFA, it has been confirmed the Swede will only face financial sanctions.

UEFA said:

'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.'


source: SportMob