Jucov announces Milan takeover bid
World Lab Technologies founder Alexandr Jucov has released a statement confirming he has ‘expressed interest in acquiring the majority shares of AC Milan.’ The club is currently owned by hedge…
Elliot: ‘We own 96 per cent of Milan’
Elliott have assured they ‘own 96 per cent’ of AC Milan after questions were raised over the holding company and control of the club. Newspapers Il Corriere della Sera and…
Fassone: ‘Milan needed quality not quantity’
Former Milan director Marco Fassone admits to regrets over the Rossoneri experience with Yonghong Li. ‘We should’ve focused on quality more than quantity.’ He was CEO of the Rossoneri from…
Scaroni: ‘Elliott saved Milan’
President Paolo Scaroni has claimed that Elliott “saved” Milan and trusts that CEO Ivan Gazidis’ work will be “rewarded with time”. The recent fallout with director Zvonimir Boban and the…
Malago: ‘Friedkin more Zhang than Elliott’
CONI President Giovanni Malagò has predicted that Dan Friedkin’s proposed business with Roma will not be a “short-term investment” and compared the situation to the one at Inter. The Friedkin…
Lille: ‘Elliott want to sell Milan’
Lille President Gerard Lopez claims Elliott Management intend to grow his club, whereas they “funded Milan to be bought” at a profit. The US hedge fund is in control of…
Han Li: ‘Trust nobody at Milan’
Former Milan executive director David Han Li revealed what happened behind the scenes with Yonghong Li and Elliott Management. “The nightmare was real. We don’t trust anyone now.” The entire…
New reports Arnault want Milan
Despite the repeated denials, multiple Italian papers continue to maintain that luxury brand business Arnault are trying to purchase Milan for €1bn. The LVMH group owns brands including Louis Vuitton,…
Maldini: ‘Milan wrong to talk targets’
Paolo Maldini accepts Milan “made a mistake by talking about objectives. We were banned from Europe" because they inherited a club €126m in the red. The technical director has been…
Expert: ‘Milan could be preparing sale’
Financial expert Luca Pagni suggests Milan’s record €145.9m losses are part of Elliott Management strategy to ‘clear’ the decks for a sale. Eyebrows were raised when the club announced the…
Boban: ‘Different visions of Milan’
Zvonimir Boban and Paolo Maldini admit they have “a different vision” of Milan to Elliott Management, while Ivan Gazidis has an unusual description for football. The Serie A giants are…
Milan lost €413m over five years
The Corriere dello Sport analysed Milan’s finances and warned they’ll reach June 30 running at a €100m loss for this year alone, €413m over five years. As the Rossoneri await…
Milan cling on to Gattuso
Gennaro Gattuso could be offered a new contract by Milan owners Elliott Management if he gets them into the Champions League, claims the Corriere della Sera. Up until now, the…
Elliott: ‘No Milan minority investor’
A spokesman for Elliott Management denied “false reports” that they were seeking new investors for Milan. There had been suggestions in various Italian papers over the last few days that…