Monaco owner wants Milan?
The mysterious Russian investor in negotiations to takeover Milan from Yonghong Li is reportedly Monaco owner Dmitry Rybolovlev. According to sports writer Luca Serafini and financial paper Il Sole 24…
The mysterious Russian investor in negotiations to takeover Milan from Yonghong Li is reportedly Monaco owner Dmitry Rybolovlev. According to sports writer Luca Serafini and financial paper Il Sole 24…
Rocco Commisso spoke to Sky Sport Italia about his attempts to purchase Milan, but “I can’t say I’m still confident. Maybe flip a coin…” The man who immigrated to America…
Rocco Commisso remains hopeful of securing a deal to buy Milan, although he admits he is ‘not in control’ of the situation. The Rossoneri remain in the midst of an…
Elliott Management have already started legal proceedings to repossess Yonghong Li’s assets, but the Milan patron could put up a fight. Yonghong Li failed to meet his deadline last month…
With Elliott Management ready to take over from Yonghong Li, speculation is rife over what comes next for Milan. The President failed to meet yet another deadline, this time to…
Yonghong Li missed the deadline and a legal battle could ensue, but it remains to be seen what hedge fund Elliott Management will do with Milan next. The Chinese patron…
The deadline has passed and Yonghong Li has not paid the €32m, so Elliott Management can begin repossessing Milan, but there is some hope for a sale. According to multiple…
Elliott Management is reportedly close to taking control of Milan after Li Yonghong failed to honour his €32m cash injection. Li has until the end of Friday to pay up,…
Yonghong Li has 24 hours to pay back the €32m to Elliott Management, but it’s reported Rocco Commisso faces competition from a mystery Asian buyer for Milan. The President is…
Milan President Yonghong Li reportedly asked for an extension on the deadline to repay €32m, but Elliott Management refused. Time is ticking down and the Chinese patron risks losing the…
Yonghong Li is currently in New York for face to face negotiations to sell Milan to Rocco Commisso, according to Libero. A reporter from the newspaper claims the club President…
The sale of Milan is shaping up to be ‘a game of poker’ between Li Yonghong and Rocco Commisso. Gazzetta dello Sport reports it has been five days since there…
Marco Fassone insists Leonardo Bonucci ‘will stay at Milan for a long time’, while the ‘very talented’ Alen Halilovic is close to joining the club. Fassone appeared on Milan TV…
Silvio Berlusconi’s holding company Fininvest turned €120m losses into a profit of €687m by selling Milan. The patron had held on to the club for 31 years, taking it from…
Italo-American tycoon Rocco Commisso admits there are currently no conditions for him to buy into Milan but still ‘hopes’ a deal can be reached. Commisso had been close to a…
UEFA’s reasoning for excluding Milan for Europe repeatedly used the term ‘credibility’ with regards to Yonghong Li, according to a leaked report. The Rossoneri were punished for violating Financial Fair…
Reuters claim Rocco Commisso is offering €500m to buy Milan, but this would leave Yonghong Li with a €300m loss, as it includes debt. The Chinese businessman bought the club…
The Association of Milan Small Shareholders have sent a strongly-worded letter urging Yonghong Li to “unequivocally prove his financial stability or step aside.” President Yonghong Li has been increasingly under…
Yonghong Li has seemingly realised Rocco Commisso’s offer to buy Milan is his best option and is back in advanced negotiations, it’s reported. US billionaire Commisso had been close to…
Rocco Commisso insists negotiations to buy Milan will continue, “but only on my terms and I would never accept being a minority shareholder.” The takeover talks seemed to collapse last…