European football governing body, UEFA have confirmed that AC Milan striker, Zlatan Ibrahimovic has been fined €50,000 for his involvement in a betting company, with his club also fining him €25,000.
The Swedish star, owns a 10 per cent stake in Bethard, a Malta-based gambling website and it is against the rules of UEFA to have any financial interest in a betting company.
After opening an investigation last month, UEFA on Wednesday, May 26 issued a statement.
“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.”
Nigerian street rapper, Small Doctor has taken to his Instagram page to share his experience in the hands of...
The National Basketball Association (NBA) has announced that three Nigerian superstars, Burna Boy, Tems and Rema will headline the...
The Confederation of African Football has selected a date for Nigeria’s final 2025 Africa Cup of Nations qualifying match...