AC Milan Striker Could Be Facing Fines and Suspension Over Ownership Of Betting Company

Aftonbladet via Calcio Mercato are reporting that AC Milan striker Zlatan Ibrahimovic could be suspended or fined by FIFA and UEFA for a violation of their respective code of ethics. The striker owns a stock company, Unknown AB which owns a 10% share of betting site Bethard.com. The code of ethics prohibit players playing in competitions from the respective bodies from having financial interests in betting companies.

The CEO of Bethard.com, Erik Sharp confirmed that Ibrahimovic owns shares in Gameday Group PLC who are the sole shareholder of the company.

According to Sempre Milan, as per the regulations, Ibrahimovic could be suspended from football and it would apply to all UEFA and FIFA competitions, including the World Cup qualifiers and any European tournaments that Milan are in. The regulation says that those who violate it can face penalties from a fine of €100k to the suspension of all activities related to football for a maximum of three years.