UEFA has fined AC Milan striker Zlatan Ibrahimovic €50,000 for his association with betting firm Bethard and warned the player against any future investments with gambling companies while he is still actively involved in football.
In an announcement released on the UEFA website, the European football governing body stated that Ibrahimovic had violated Article 12(2)(b) of the UEFA Disciplinary Regulations (DR), for having a financial interest in a betting company.
UEFA regulations are quite strict on such matters and there was an initial fear that the player could have been banned from all footballing activities for as long as three years.
However, UEFA has decided that a financial penalty is enough provided that the player ceases his relationship with the company with immediate effect.
Ibrahimovic’s club AC Milan has also been fined €25,000 for the breach and warned to keep a closer eye on any relationships its players may have with companies that could cause a conflict of interest.
Image credit: Andy Witchger / CC BY 2.0
Ciaran has been working within the Gambling Industry as a deep analyst since 2019. His deep knowledge and understanding of all the gambling regulations, and processes makes him a true asset, and an always valuable point of view for Gambling Industry News, allowing us to cover every topics from a brand new perspective.