Soccer-UEFA fines Ibrahimovic 50,000 euros for links to betting company

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Soccer-UEFA fines Ibrahimovic 50,000 euros for links to betting company
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(Reuters) - European soccer's ruling body UEFA fined AC Milan's Swedish striker Zlatan Ibrahimovic 50,000 euros ($61,000) on Wednesday for breaking the rules by having a financial interest in a betting company.

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Milan were also warned and fined 25,000 euros for violating the same article of UEFA's disciplinary regulations.

"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," UEFA said in a statement. Swedish newspaper Aftonbladet reported in April that Ibrahimovic, 39, is a part-owner of the Malta-based betting company Bethard who he teamed up with in 2018.

FIFA's Code of Ethics state a player cannot have interests in entities or companies that"promote, broker, arrange or conduct betting, gambling, lotteries or similar events or transactions connected with football matches and competitions".

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