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UEFA’s Investigators Recommend Booting A.C. Milan

European soccer’s top financial investigators have recommended excluding the storied Italian club A.C. Milan from continental competition for violating rules that limit spending, according to two people involved in the process.

A final decision on whether UEFA, the governing body of soccer in Europe, banishes Milan, a seven-time European champion, from participating in the Europa League is due in early June. But after scrutinizing the club’s finances for several months, UEFA announced last week that the club had failed to convince officials that it is on sound financial footing and referred the case to the adjudicatory chamber of its financial control unit to recommend an appropriate punishment.