AC Milan have released a statement in which they accept responsibility for breaching UEFA's Financial Fair Play regulations, insisting that their ban from European competition will not prevent them from returning to their former glory.
The Rossoneri were banned from competing in next season's Europa League after failing to balance their finances in recent years, with Torino taking their place in the competition.
In a post on their official website, the club admitted that they tried to adhere to regulations, but ultimately they have been forced to accept UEFA's decision to ban them.