- Platini appealed original 6-year ban, fine set by FIFA
- Suspension ended Platini's bid for presidency of ruling body
Michel Platini said he’ll resign as head of European soccer’s governing body after failing to get his ban from the sport overturned by an appeal court.
The Court of Arbitration for Sport cut his suspension by two years, leaving him to miss 4 years and pay a fine of 60,000 Swiss francs ($62,000), a reduction of 20,000 francs. The appeal panel announced the ruling in a statement on its website.
Platini was forced to end his campaign to head the sport’s global ruling body when he was suspended last year after Swiss prosecutors opened an investigation into a 2 million Swiss franc ($2.1 million) payment he received from then-FIFA President Joseph “Sepp” Blatter. Blatter, a Swiss citizen who oversaw FIFA for nearly two decades, and Platini, a former star of the French national team, were suspended from all soccer activities in October by the global sports body.
“I am resigning from UEFA presidency in order to continue my fight before Swiss justice” to prove my innocence, Platini said in a statement.
Blatter was replaced at FIFA by Platini’s top administrator, Gianni Infantino.