Platini and former FIFA president Sepp Blatter were initially given eight years by world soccer’s governing body over a two million Swiss francs payment, worth around £1.4m at present exchange rates, made by Blatter to Platini in 2011.
That December opinion was reduced to six years by a FIFA appeal panel in February and has now been reduced again by CAS, but the Lausanne-based court has backed FIFA’s judgement the payment was “unjust” and a “conflict of interests”.
A spokesman for the attorney of Platini has recently verified the 60-year old Frenchman will step down a position he’s held since 2007, as UEFA president.
Blatter and Platini have consistently maintained that the payment was back-pay for consultancy work the former France and Juventus star did between 1998 and 2002, and it was based on a “gentleman’s agreement”.
They have repeatedly claimed that Blatter agreed to pay Platini an annual salary of one million Swiss francs, worth £700,000 now.