The Court of Arbitration for Sport (CAS), upheld Platini's suspension on Monday, although it reduced the term from six years to four."The CAS Panel was of the FUT Coins opinion that a severe sanction could be justified in view of the superior functions carried out by Mr.
Platini (FIFA Vice-President and UEFA President), the absence of any repentance and the impact that this matter has had on FIFA's reputation," CAS said in a statement.The ruling means that UEFA, which has not replaced Platini since he was initially banned in October, will have to elect a new president.UEFA said its Executive Committee would meet on May 18 in Basel to discuss the next steps, adding that no stand-in President would be appointed in the meantime.
NO FIGUREHEADThat decision means European soccer will almost certainly have no figurehead during the European Championship, to be held in France over June and July.Platini has pledged to continue his campaign to overturn the ban. His only remaining recourse is to appeal to the Swiss federal court, but this can only overturn the verdict if it finds procedural irregularities."I see this (decision) as a profound injustice...
As agreed with the national associations I am Buy FIFA Coins resigning from my functions as President of UEFA in order to pursue my fight with the Swiss courts to prove my integrity in this affair," Platini said in a statement.A lawyer for Platini, Yves Wehrli, said the Frenchman would resign from UEFA "in the coming days".The French Football Federation (FFF) said it would respect the CAS decision."