Swedish star Zlatan Ibrahimovic was fined 50,000 Euros on Wednesday by UEFA for “his financial interest in a betting company”, the Association of European Football’s governing body announced along with the gambling site. This was considered to be contrary to UEFA rules on “integrity of matches and competitions”.
Last month, the Swedish newspaper Aftonbladet claimed that Ibrahimovic was potentially in violation of FIFA regulations as he had allegedly invested in a Bethard betting site based in Malta.
UEFA fined Zlatan Ibrahimovic
Zlatan Ibrahimovic, the veteran Milan striker, has been fined and ordered to stop working with a betting company. UEFA fined Zlatan Ibrahimovic €50,000 for having a financial involvement in a betting firm. AC Milan was also fined 25,000 for “owning a player with a financial interest in a betting company”.
Ibrahimovic’s company controls 10% of Bethard’s stock, making it the company’s fourth-largest shareholder, as per reports. The Milan striker was named a global ambassador for the firm in 2018.
In a statement, UEFA said: “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.”
On Wednesday, European football’s governing body stated that the former PSG and Manchester United player had been fined for infringing Article 12(2)(b) of the UEFA Disciplinary Regulations.