AC Milan face Europa League ban

first_imgUEFA announced last week that the seven-time European champions had failed to convince officials they are financially sound and referred the case to the adjudicatory chamber of its financial control unit to recommend an appropriate punishment.A decision is expected next week and according to the New York Times investigators “have recommended excluding .. AC Milan from continental competition”.UEFA are concerned over AC Milan’s stability after it was purchased by Chinese businessman Li Yonghong from Silvio Berlusconi for 740 million euros ($918mn) in April last year.The club also spent more than 200 million euros on new players in the summer and have a massive high interest loan of 300 million euros from US hedge fund Elliott Management.Milan finished sixth in the Serie A last season and qualified for the second-tier Europa League for a second consecutive season missing out on the money-spinning Champions League.If Milan were excluded they would become the highest profile club banished from Europe, following Spanish club Malaga, Red Star Belgrade and Turkey’s Galatasary who were banned for a year in the past for failing to meet financial criteria.0Shares0000(Visited 1 times, 1 visits today) 0Shares0000AC Milan’s defender Leonardo Bonucci greets fans at the end of the Italian Tim Cup (Coppa Italia) final Juventus vs AC Milan at the Olympic stadium on May 9, 2018 in Rome © AFP / Isabella BonottoMILAN, Italy, Jun 1 – European football’s top financial investigators have recommended excluding Chinese-owned AC Milan from the Europa League next season for violating rules that limit spending, the New York Times reported on Friday.According to the US daily newspaper, “two people involved in the process” have confirmed that UEFA investigators have recommended Milan be excluded from European competition for violating Financial Fair Play rules.last_img read more

People on the Move 093010

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Dodge announces the Octane package for 2019 Charger Hellcat

2018 Jeep Grand Cherokee Trackhawk: Everything is better with 707 horsepower 1 2018 Dodge Challenger SRT Demon: Holy hell Now playing: Watch this: If you’re interested in the most malevolent of sticker and trim packages, then the $1,495 Octane package on the 2019 Charger Hellcat is for you.  Dodge When people talk about the Dodge Hellcats, most of the time it’s the two-door Challenger getting all the love and attention. This is, of course, a near-criminal oversight because it’s the four-door Charger Hellcat that is the genuinely bonkers member of the family. Dodge is keen to give people even more of a reason to look at the Charger Hellcat with its new $1,495 Octane appearance package, which it announced on Tuesday. The Octane package is available in either Pitch Black or White Knuckle looks on the exterior, though both are graced with a matte black racing stripe with red accents. The trim and exterior badging are also blacked out.Inside, things get a little more interesting with the availability of SRT Performance seats for the first time in a Charger Hellcat. These come with red accent stitching as well as black and white houndstooth inserts, red seatbelts and gloss black interior trim.The rest of the package is pure, good old’ fashioned Hellcat — oh, except for the 20-inch forged Cross Brace wheels. Those come from the Scat Pack and feature knurling on the beat area so you can rip sick burnouts and not worry about the tire slipping on the wheel.If this sounds irresistible to you, then you better skedaddle down to your local Dodge dealer soon, because the Octane package is only available through the end of the model year — not the calendar year. These will start showing up at dealers sometime this fall. Share your voice The 707-horsepower 2019 Dodge Charger SRT Hellcat gets a fresh grille Five things you need to know about the 2019 Dodge Challenger… 3:04 Comment Dodge 10 Photos Tags More From Roadshow 2019 Dodge Durango SRT review: Three-row muscle car Performance Cars Sedans Dodge read more

Howard University Welcomes the Cultures of Japan

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