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Volume 7 No. 83
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Franchise Notes: AC Milan Open To 'Settlement Agreement' With UEFA Over FFP

Serie A side AC Milan said that it is open to a "settlement agreement" with UEFA over a financial fair play investigation. The investigation "threatens to derail" the plans of the club's new Chinese owners and could see the club "hindered in continental action." Italian newspaper Gazzetta dello Sport reported UEFA's club financial control body will turn down Milan's offer of a "voluntary agreement" to seek more credit (London DAILY MAIL, 12/7).

French Football Federation President Noël Le Graët said that Paris St. Germain was "stupid" to spend an estimated €400M in signing Neymar and Kylian Mbappé if all the club "will win this season is the Ligue 1 title." PSG is currently nine points clear at the top of its domestic table. The club's Champions League campaign had been "plain sailing" until Tuesday's 3-1 defeat at Bayern Munich that led to PSG CEO & Chair Nasser Al Khelaifi to order Manager Unai Emery's men to "wake up now" (ESPN.com, 12/7).

U.K. Football supporters have been sent a letter "warning them to sit down during matches or risk losing their seat." League Championship side Norwich City said that it is under "direct threat of having capacity reduced" after being told standing levels in its all-seater stadium were "unacceptable" (BBC, 12/7).