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Michel Platini has lost his appeal to the Court of Arbitration for Sport to have his 90-day provision suspension from football overturned.
FIFA's ethics committee provisionally suspended Platini pending its investigation into a £1.35million payment he received from FIFA president Sepp Blatter in 2011 for work carried out nine years previously.
Having failed in his appeal, Platini took his case to the Court of Arbitration for Sport in the hope of having the ban set aside, which would allow him to resume campaigning for the FIFA presidency.
However, the CAS panel have upheld the ban and as a result he will be unable to attend UEFA’s Executive Committee meeting in Paris on Friday and Saturday's Euro 2016 draw.
"The Court of Arbitration for Sport (CAS) has partially upheld the request for provisional measures filed by Michel Platini requesting that his 90-day provisional suspension from taking part in any kind of football - related activity at national and international levels be lifted until a final decision on the merits of the dispute is taken by the FIFA Ethics Committee," a statement from CAS read.
"On 20 November 2015, Michel Platini filed an appeal against the FIFA Appeal Committee decision, notified on 18 November 2015, confirming the decision rendered on 7 October 2015 by the Adjudicatory Chamber of the FIFA Ethics Committee to impose a provisional ban of 90 days on him. The 90-day period expires on 5 January 2016.
"The CAS Panel, composed of Mr Clifford Hendel (France/USA), President, Mr Rui Botica Santos (Portugal) and Prof. Ulrich Haas (Germany), determined that maintaining the provisional suspension for the remainder of the 90 days does not cause irreparable harm to Michel Platini at this point in time. Indeed, the CAS Panel has noted that, at the hearing of 8 December 2015, FIFA’s representatives confirmed FIFA’s assurances expressed earlier that the FIFA Ethics Committee would render its final decision on the merits on or before 5 January 2016, i.e. before the provisional suspension comes to an end.
"The CAS Panel also emphasized that, even if the ban were lifted at this time, such measure would not give any guarantee to Michel Platini that the FIFA ad hoc electoral committee would validate his candidature for the FIFA presidential election before 5 January 2016.
"However, the CAS Panel considered that the situation would change if FIFA were to extend the provisional suspension for any period up to 45 days, on the basis of “exceptional circumstances” as permitted by Art. 85 of the FIFA Code of Ethics. The Panel found that such an extension would constitute an undue and unjustified restriction of Michel Platini’s right of access to justice, cause irreparable harm to him and also tip the balance of interest test in his favour. As a consequence, the CAS Panel ordered FIFA not to extend the current provisional suspension imposed on Michel Platini."
The ethics panel has said it hopes to return verdicts on Platini and Blatter before Christmas with FIFA seeking a life ban.