AC Milan forward Zlatan Ibrahimovic has been fined €50,000 for his part in a betting company.
UEFA opened an investigation into
’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.
'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.'