AC Milan management are delighted to have been reinstated into the Europa League.

The Rossoneri were initially barred from the competition for Financial Fair Play violations, as well as doubts over owner Yonghong Li.

But they're back in the competition after their appeal was upheld by the Court of Arbitration in Sport.

"Milan looks forward, with a new owner Elliott Advisors, to returning to full sporting and financial solidity, and is is committed to respecting the rules of UEFA's Financial Fair Play legislation," a statement released to ANSA said.

It's believed Elliott Management assured CAS that the club wouldn't be sold for the next three years, assuaging fears over the ownership situation.