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Compliance Updates

UEFA Slaps €50K Fine on Zlatan Ibrahimović for Bethard Stakes

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4 years ago

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UEFA Slaps €50K Fine on Zlatan Ibrahimović for Bethard Stakes
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The Union of European Football Associations (UEFA) has fined mercurial Swedish footballer Zlatan Ibrahimović for €50,000 on his financial stakes in 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’.  The appeals body also ordered the player to immediately cut short his links with the betting company.

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

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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