In Europe or not? It is the day of truth for Milan, who is looking forward to know his European destiny from the CAS.

It will be a long day in Lausanne with the hearing of the parties, and the decision is scheduled to be issued after 18:00. The hope of the red and black club is undoubtedly readmission in the European League. The Milan delegation consists of lawyers Cappelli and Aiello, director Fassone, financial manager, Valentina Montanari and Antonio Rigozzi, legal experts and Franck Tuil, representative of the Elliott fund.

On the other hand, the College of Arbitration Tribunal College is composed of three judges: one appointed by the Rossoneri (Pierre Muller), one appointed by UEFA (English Mark Hovell) and one independent judge, Ulrich Haas, German born in Switzerland. There are three options. First, that CAS fully acquiesces the red and black clubs, allowing him to take part in the next European League. However, even in this case there will be fines and restrictions of various kinds (one example is Inter and Roma).

Second, refuse his request, which means that Milan will remain outside of the European League. The third option is to ask UEFA to facilitate the sentence. For something, it is certain that the CAS can not increase the penalty for the Italian club. Milan has a chance, as it is presented today to the Court of Arbitration Sports with a new owner and a list of outstanding debts.

The Elliot Fund came out in a formal statement on July 10 stating that their goal was to create financial stability and management and to achieve long-term success for Milan starting from the beginning. In this way, they ensured that the club would be adequately capitalized and carried out a viable business model that respects the rules of the UEFA game./Flashsport24