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An independent Disciplinary Commission had spent the past two days hearing testimony at Bolton's Reebok Stadium before finding Ferdinand guilty of a 'failure or refusal' to submit a sample.
Ferdinand failed to attend the test at United's Carrington training ground on September 23 but, two days later, successfully passed a test.
The £29.1 million centre half's suspension will start on Monday January 12 but he has 16 days to appeal against the decision.
The punishment not only rules Ferdinand out of the second half of the Premiership season but he will also be missing from England's Euro 2004 campaign.
United have confirmed they will appeal against the sanctions and revealed their discontent at The FA's decision.
A statement from the Disciplinary Commission outlined their findings and confirmed the panel were unanimous in their verdict.
"The Disciplinary Commission sat on the 18 and 19 of December 2003 to hear the charge of misconduct brought against Rio Ferdinand in respect of an allegation that, on the 23 September 2003, he failed or refused to submit to a drugs test procedure required to be undertaken by the officials of UK Sport as agents for The Football Association and under the supervision of The Football Association Supervising Officer," read the statement.
"The Disciplinary Commission heard submissions made on behalf of Rio Ferdinand and The Football Association, considered the documentary evidence and the testimony of witnesses to the events surrounding the charge.
"The Disciplinary Commission unanimously found that the charge was proved against Rio Ferdinand.
"It was further decided he would be suspended for a period of eight months with effect from Monday 12 January 2004 and be fined the sum of £50,000.
"Having requested a personal hearing he was ordered to pay the full costs of the hearing."
The FA will also be hoping their hefty punishment of English football's most expensive player will appease Fifa after the chief executive of the game's ruling body, Sepp Blatter, previously revealed he would be prepared to step in if the censure was not severe enough
from Sky Sports.com
2 months AT THE VERY, VERY MOST.
Imagine; you're at work, you turn up 5mins late (missing an IMPORTANT) meeting. And you got sacked/reprimanded for 8 months: How would you feel?
Who cares if he's gunna miss Euro 2004? We've got Terry. That's all we need.
> To be honest, He's rich, so increasing the fine and decreasing the ban
> would be a good thing
What?
That defeats the whole purpose of everything.
What's the point of that when there is no discipline involved whatsoever?
8 Months is a rediculous amount of time to be out for just becaused he failed to turn up for a random test.
Perhaps a fine and a few games would be a fair punishment but to rule him out of playing for club and country for such a long time just seems a bit over the top, especially when they let the serious violent conduct pass by with a few games banned and a fine.
the 50k fine just looks stupid next to that ban considering he earns that much in less than a week.
I really dont think appealing will turn the decision around with FIFA threating to step in if any leniency is shown.
And is it really wise to play Rio against Spurs on sunday with this hanging on the players mind?