Elliott Management has reportedly lined up moves for Paolo Maldini and Beppe Marotta if it takes control of Milan.
According to reports in Italy, Milan owner Li Yonghong has stepped up his search for what Gazzetta dello Sport describes as ‘a minority ally’.
Calciomercato.it explains the benefactor can buy into Milan with ‘only €50m’ and a view to gaining more shares, while it would allow the club to sanction a second capital increase of €60m.
Elliott Management has reportedly lined up moves for Paolo Maldini and Beppe Marotta if it takes control of Milan.
According to reports in Italy, Milan owner Li Yonghong has stepped up his search for what Gazzetta dello Sport describes as ‘a minority ally’.
Calciomercato.it explains the benefactor can buy into Milan with ‘only €50m’ and a view to gaining more shares, while it would allow the club to sanction a second capital increase of €60m.
The ally initially appeared to be Genoa President Enrico Preziosi, although he has since played down the rumours.
However, if this is not achieved, Corriere dello Sport notes Elliott has already begun planning for a future with the Rossoneri if Li fails to repay his €303m loan by October.
The newspaper claims the American hedge fund has ‘already offered guarantees’ to club legend Paolo Maldini, who had rejected two previous offers from the Diavolo.
As for the role of CEO, Elliott would have approached Juventus general manager Marotta and Roma’s Gandini, who worked under Silvio Berlusconi at San Siro.
On the other hand, Calciomercato warns these plans are subject to Milan avoiding exclusion from the Europa League as such an outcome would ‘devalue’ Milan.