Zlatan Ibrahimovic fined by UEFA for having financial interest in a betting company


European footballing governing body, UEFA, have indeed confirmed that AC Milan striker, Zlatan Ibrahimovic has been fined €50,000 for having financial interests in a betting company. His club also fined him €25,000 for the same offence.

The 39-year old Swedish international, own a 10% stake in Bethard, a Malta-based gambling website which goes against the rules of UEFA as players aren't mean to have any connections whatsoever with gambling organisations. UEFA opened an investigation into the matter last month and released a statement concerning the issue on Wednesday, May 26.

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."

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