Milan receive cash injection?
Milan have reportedly received a €11m cash injection to keep them going until the end of the season. According to Corriere della Sera, the capital increase from Li Yonghong’s holding…
Milan have reportedly received a €11m cash injection to keep them going until the end of the season. According to Corriere della Sera, the capital increase from Li Yonghong’s holding…
Milan released a statement confirming the increase in capital has been postponed to April 13 after Yonghong Li missed the first deadline. The €10m from China was meant to arrive…
La Gazzetta dello Sport claim there’s another investigation into Yonghong Li’s takeover of Milan, this time looking at money laundering. The situation is increasingly fragile at the club, with a…
Milan shareholder Giuseppe La Scala believes owner Yonghong Li is “weak economically and financially, so should negotiate a less painful transition with Elliott.” The situation is degenerating with multiple reports…
Milan are reportedly ready to wait until April 4 for Yonghong Li to provide the missing €10m before Elliott Management steps in. The deadline was yesterday for the Chinese patron…
AS Monaco owner Dmitry Rybolovlev has released a statement denying interest in the takeover of Serie A side Milan. The reports had spread in Tuttosport and Foot Mercato, following difficulties…
Russian billionaire Alisher Usmanov insists he has “not received any proposals to acquire AC Milan” after today’s speculation. Newspaper Libero had reported that Usmanov was considering a takeover from Yonghong…
Milan owner Li Yonghong is reportedly considering the possibility of selling 25 percent of the club to raise funds for their Elliott loan. According to La Repubblica, Li is looking…
There is reportedly “great optimism” ahead of Milan’s meeting with the FIGC over their finances next Wednesday. According to Gazzetta dello Sport, the meeting between Milan CEO Marco Fassone and…
The FIGC says Li Yonghong’s reassurances about Milan’s finances have made it “feel calmer but not completely.” Li released a statement on Tuesday, claiming Milan’s finances were in order, amidst…
Milan owner Yonghong Li released a statement hitting back at “irresponsible” reports on his financial status, which “are damaging the club.” After the New York Times and Il Sole 24…
Former Milan CEO Adriano Galliani believes Yonghong Li provided “all the necessary credentials” to prove his financial stability. There have always been questions around the Chinese investor’s €740m take-over of…
The Corriere della Sera newspaper claims Milan owner Yonghong Li is insolvent and his assets will be auctioned off on Taobao (the Chinese version of eBay). This is certainly not…
Silvio Berlusconi is critical of Milan owner Yonghong Li, but reiterates there is “no chance” he could take over the club again. Berlusconi sold the Rossoneri after 31 years at…
If Yonghong Li doesn’t pay back his debt to Elliott Management, they will put Milan up for sale “to the highest bidder,” confirmed a representative. The Serie A club takeover…
Silvio Berlusconi laughed off reports of a money-laundering investigation and assured Yonghong Li “kept all his promises” after the Milan takeover. There were reports in the Secolo XIX and La…
The authorities have formally denied reports that Silvio Berlusconi is under investigation for money-laundering in Milan’s sale to Yonghong Li. The reports emerged in both La Stampa and Il Secolo…
According to La Stampa and Secolo XIX newspapers, Silvio Berlusconi is under investigation for money-laundering in the Milan sale to Yonghong Li. The negotiations dragged on for months before the…
Gennaro Gattuso has joked that Milan will ‘chain’ President Li Yonghong to Malpensa airport after he watched the side beat Inter in the Coppa Italia. Milan continued their unbeaten run…
Milan patron Yonghong Li will be in the stands for tomorrow’s Coppa Italia quarter-final against Inter, his first at San Siro in four months. The TIM Cup clash kicks off…