European soccer’s ruling physique UEFA fined AC Milan’s Swedish striker Zlatan Ibrahimovic 50,000 euros ($61,000) on Wednesday for breaking the foundations by having a monetary curiosity in a betting firm.
Milan had been additionally warned and fined 25,000 euros for violating the identical article of UEFA’s disciplinary laws.
“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,” UEFA stated in an announcement.
Swedish newspaper Aftonbladet reported in April that Ibrahimovic, 39, is a part-owner of the Malta-based betting firm Bethard who he teamed up with in 2018.
FIFA’s Code of Ethics state a participant can’t have pursuits in entities or corporations that “promote, broker, arrange or conduct betting, gambling, lotteries or similar events or transactions connected with football matches and competitions”.
Ibrahimovic final month signed a one-year contract extension with Milan.
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