Michel Platini's appeal against a six-year ban from football imposed by FIFA has failed and the French legend will now resign as UEFA's president, according to his lawyers.
"Michel Platini announces that he will resign as president of UEFA at the organisation's next congress," a statement said.
Platini and FIFA president Sepp Blatter were initially banned from all football activities for eight years by FIFA's ethics committee over a $US2 million ($2.72 million) payment Blatter approved for Platini in 2011, reportedly for consulting work done a decade earlier.
Two months after the suspension was handed down, the FIFA appeals committee reduced the bans by two years as it considered the pair's contribution "to FIFA, UEFA and football in general over the years should deserve appropriate recognition as a mitigating factor".
Despite the two-year reduction, Platini called the decision "insulting, shameful and a denial of rights" and appealed to CAS in hopes of having his ban overturned.
But CAS was not convinced about the "legitimacy" of the payment and, despite having his ban reduced by two more years, Platini was once again unimpressed, calling the decision "a profound injustice".