Michel Platini said on Monday May 09,2016 he will resign as UEFA president after
his appeal against a six-year ban from football activities failed.
The Frenchman said he would resign to pursue the case over a suspect $2 million payment in Swiss courts in a bid to clear his name.
The Court of Arbitration for Sport rejected the appeal saying it was not convinced about the "legitimacy" of the payment ordered by ex-FIFA president Sepp Blatter.
It did cut the ban to four years and reduced a fine from 80,000 Swiss francs ($80,000) to 60,000 Swiss francs.
"I note today's decision by the Court of Arbitration for Sport but I consider it a profound injustice," Platini said in a statement.
"This decision inflicts a suspension for which the length stops me, de facto, and by luck, from being a candidate in the next FIFA presidential election," he added.
"As agreed with the national associations, I resign as president of UEFA to pursue my fight before the Swiss courts to prove my probity in this case.
"Life has always kept beautiful surprises for me, now I am free to live them," said the former French football star.
The Frenchman said he would resign to pursue the case over a suspect $2 million payment in Swiss courts in a bid to clear his name.
The Court of Arbitration for Sport rejected the appeal saying it was not convinced about the "legitimacy" of the payment ordered by ex-FIFA president Sepp Blatter.
It did cut the ban to four years and reduced a fine from 80,000 Swiss francs ($80,000) to 60,000 Swiss francs.
"I note today's decision by the Court of Arbitration for Sport but I consider it a profound injustice," Platini said in a statement.
"This decision inflicts a suspension for which the length stops me, de facto, and by luck, from being a candidate in the next FIFA presidential election," he added.
"As agreed with the national associations, I resign as president of UEFA to pursue my fight before the Swiss courts to prove my probity in this case.
"Life has always kept beautiful surprises for me, now I am free to live them," said the former French football star.
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