What next for Milan?
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…
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…
From the very start, Yonghong Li’s takeover of Milan for €740m has been shrouded in controversy, confusion and very little clarity. Chinese businessman Yonghong Li completed the takeover from Silvio…
Rocco Commisso is eager to buy Milan outright, but this is reportedly not going down well with Yonghong Li or Elliott Management. According to Sky Sport Italia, the owner of…
Milan could be excluded from Europe for two years and fined €30m for FFP violations, while Rocco Commisso is identified as the potential buyer. The Rossoneri are due to discover…
Rocco Commisso, in talks to buy Milan, calls himself “the fulfilment of the American dream in all ways” and went from penniless immigrant Juventus fan to a $4.5bn fortune. Multiple…
Multiple sources now state Rocco Commisso is leading the race to buy Milan after Yonghong Li missed an important payment. Commisso was born in Calabria, but moved to America with…
Tom Ricketts’ family are quoted in Italy as confirming the desire to become a “controlling stakeholder” in Milan. Today Yonghong Li failed to pay €32m for a capital increase, with…