Michel Platini will resign as UEFA president after his ban from FIFA was reduced to four years rather than overturned, according to the Associated Press.
Platini had appealed his suspension, which had already been reduced from eight years to six, to the Court of Arbitration for Sport. The CAS panel ruled on Monday that it “was not convinced by the legitimacy of the 2,000,000 Swiss francs payment” former FIFA president Sepp Blatter made to Platini in 2011.
The two men had maintained that the payment was an unpaid portion of Platini’s salary, but could not provide documentation of the transaction.
Platini called the verdict a “deep injustice,” as the four-year ban will prevent him from again running for FIFA president.
“This decision is inflicting me a suspension whose length will de facto prevent me—as if by chance—from bidding for the next FIFA presidential election,” Platini said in a statement.
The CAS confirmed in a statement that the ban specifically “corresponds to the duration of a presidential term.”