Michel
Platini resigned as UEFA president Monday after the Court of
Arbitration for Sport rejected the Frenchman's bid to overturn a
six-year ban from working in football.
The
60-year-old, sanctioned over a $2 million payment he received from
FIFA, saw CAS -- sport's final court of appeal -- cut his ban to four
years, but it's a ruling that effectively leaves Platini in limbo.
He
is unable to engage in any football-related activity at national or
international level, although CAS did cut a FIFA fine imposed on Platini
from $82,500 to $62,000.
"I accept
today's decision by the Court of Arbitration for Sport but I consider
it a profound injustice," said Platini in a statement.
"As
agreed with the national associations, I resign as president of UEFA to
pursue my fight before the Swiss courts to prove my probity in this
case.
"Life has always kept beautiful surprises for me, now I am free to live them."
CAS said that its arbitrators were of
"the opinion that a severe sanction could be justified in view of the
superior functions carried out by Mr. Platini (FIFA vice president and
UEFA president), the absence of any repentance and the impact that this
matter has had on FIFA's reputation."
In
December 2015, Platini and former FIFA president Sepp Blatter were each
banned for eight years after the FIFA Ethics Committee found that the
former had received a two million Swiss franc ($2.02 million) "advisory
payment."
The committee found that both had with regards to conflicts of interest, breach of loyalty and gifts. The pair were cleared of bribery and corruption allegations.
In February, denied appeals from Blatter and his one-time heir apparent Platini to
strike down their bans from "all football-related activities."
But FIFA did reduce both men's bans from eight to six years, citing their service to football as justification for the decision.
The contract between Platini and
Blatter, signed in 1999, ended in 2002 when the Frenchman became a
member of FIFA's executive committee.
"It
was not until 1 February 2011 -- four months prior to the FIFA
presidential elections and at a moment when Sepp Blatter and Mohamed Bin
Hammam were both still candidates to the election that FIFA paid the
amount of CHF 2'000'000 in favour of Mr. Platini," said a CAS statement.
"Mr.
Platini justified such payment as back pay, explaining that he had
orally agreed with Mr. Blatter in 1998 when the future FIFA President
was negotiating with him, to an annual salary of CHF 1'000'000.
"The
Panel, however, was not convinced by the legitimacy of the CHF
2,000,000 payment, which was only recognized by Mr. Platini and Mr.
Blatter, and which occurred more than eight years after the end of his
work relations."
UEFA's Executive
Committee will meet in Basel on May 18 to schedule an elective congress
to appoint Platini's successor, though European football's governing
body has no plans to make an interim appointment.
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