"Rosso Neri" threatened with sanctions for violating the rules of the financial Fair Play.

After the change of owners, Milan conducted a loud summer transfer campaign, during which more than 200 million euros were spent.

As the president of UEFA Alexander Cheferin said, the Italian club faces serious problems.

"At the moment we are working on the situation with Milan, while I can not say anything about this".

"I'm concerned about their financial situation, but we'll see what happens next. In mid-December, the competent authorities will make an official statement ".

"The consequences may be different, it is too early to talk about it," Cheferin summed up in an interview with La Repubblica.

Earlier it was reported that the legendary Brazilian Kaka can take a position in the leadership of Milan.