体坛英语资讯：AC Milan elects new board of directors
The CAS said in a statement that UEFA's measure was "not proportionate" because Milan is now in better financial shape "following the recent change in the club's ownership."
Chinese investor Li Yonghong purchased the Serie A club in April 2017 from media mogul and ex-prime minister Silvio Berlusconi's Fininvest holding company for a total of 740 million euros.
That fee included a loan of at least 303 million euros from Elliott which Li has defaulted on, ESPN sports channel reported earlier this month.
"We're back in Europa League, we're on to a new start with Elliott," AC Milan tweeted earlier Saturday.?
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