Sports News
| Published On May 28, 2021 4:21 pm CEST  |  Updated on Oct 19, 2021 7:56 am CEST | By iGaming Team

UEFA fines Zlatan Ibrahimovic €50,000 for his stake in betting company Bethard

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The Union of European Football Associations (UEFA) has issued legendary Swedish striker Zlatan Ibrahimović a €50,000 fine on his financial involvement with the Malta-based online betting company Bethard Group.

The Appeals Body of UEFA has examined the investigation report and pronounced the judgement on the penalty for violating ‘Article 12’ of European football’s ‘Disciplinary Regulations’. Regulations state that players should not have any financial interest in betting.

Ibrahimovic is also ordered to immediately end his ties with the betting company.

UEFA launched investigations last month following reports about Ibrahimović’s shares in Bethard, reportedly worth 10% of the total stakes.

In the 2020/20201 season, Ibrahimovic has represented Milan in UEFA’s Europa League. He came out of international retirement last month after an absence of nearly five years to play for Sweden in two World Cup qualifiers.

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It is unsure what Zlatan’s future will look like. He might see a suspension of up to three years over this matter and might very well choose an early retirement while maintaining his share in Bethard.