Yes, In Milan case. The Court of Arbitration for Sport rules that:Yes. They can uphold the decision fully, reject it fully or uphold it in part but send it back to UEFA with a recommendation about the sanction or some other aspect.
3. The decision of the Adjudicatory Chamber of the UEFA Club Financial Control Body
rendered on 19 June 2018 establishing that AC Milan failed to fulfil the Break-Even
requirement is confirmed.
4. The decision of the Adjudicatory Chamber of the UEFA Club Financial Control Body
rendered on 19 June 2018 to exclude AC Milan from participating in the next UEFA
Club competition for which it would otherwise qualify in the next two (2) seasons (i.e.
the 2018/19 and 2019/20 seasons) is annulled