LAUSANNE, Switzerland – Michel Platini will resign as UEFA president after failing to overturn his ban at the Court of Arbitration for Sport, which cut his sanction from six to four years.
A spokesman for Platini's Paris-based lawyers says Platini will now resign.
CAS effectively removed Platini from world soccer by ensuring his ban runs beyond his current UEFA mandate, which expires in March 2019.
The court says the ban "corresponds to the duration of a presidential term."
In deciding the ban, the court says its judges cited "the absence of any repentance and the impact that this matter has had on FIFA's reputation."
CAS says Platini was guilty of conflict of interest for taking a $2 million payment from FIFA approved by Sepp Blatter in 2011.