Lenders chase Li
Former Milan President Yonghong Li is reportedly being chased for an unpaid debt of around €7m. The Chinese businessman took over the Rossoneri in April of 2017, but was ousted…
Former Milan President Yonghong Li is reportedly being chased for an unpaid debt of around €7m. The Chinese businessman took over the Rossoneri in April of 2017, but was ousted…
Former Milan team manager Christian Abbiati admits “a lot of confusion” under the Chinese ownership, and calls Vincenzo Montella “a half-disaster”. The former Rossoneri goalkeeper worked as a liaison between…
New Milan President Paolo Scaroni is expected to meet with sporting director Massimiliano Mirabelli tonight to discuss the resolution of his contract. The former Eni CEO has taken over as…
Marco Fassone and Milan look set to end up in court, after the former CEO was dismissed by new owners Elliott Management. The former Inter director was appointed by Yonghong…
Former Milan owner Yonghong Li is under investigation in Italy for allegedly misleading financial markets with his public statements. The Chinese businessman bought the Rossoneri from Silvio Berlusconi and Fininvest…
Milan will learn their CAS verdict tomorrow evening and new owners Elliott Management are sending Franck Tuil as part of their appeal. The Court of Arbitration for Sport will hear…
Elliott Management aim to control Milan for three years and not one, it’s reported, selling two per cent to Riccardo Silva. According to Sky Sport Italia, the takeover after President…
Paolo Maldini insists “nobody has called me” from Milan’s new owners Elliott Management, but he has “always been open to talk.” The club icon has been repeatedly linked with a…
As Yonghong Li seemingly won’t reply to Milan calls, the Financial Times outlined how Elliott Management’s takeover was inevitable from the start. Chinese businessman Li came out of nowhere to…
New Milan owners Elliott Management have reportedly approached Leonardo, Sassuolo’s Giovanni Carnevali and Arsenal chief executive Ivan Gazidis. The club is now in the hands of US hedge fund Elliott…
Milan’s new owners Elliott Management have reportedly contacted former player, director and Coach Leonardo after Paolo Maldini turned them down. US hedge fund Elliott now effectively run the club after…
Milan won’t know the name of their new President or formation of the Board of Directors until at least July 21, it was confirmed today. There was a meeting at…
The Milan board is expected to meet this afternoon to officially appoint new directors and oust Yonghong Li and the Chinese. The club has been taken over by Elliott Management,…
Elliott Management have taken over Milan and wholesale changes are expected, including Paolo Scaroni as President, but Rocco Commisso's entourage are doubtful. The American hedge fund officially repossessed the club’s…
U.S hedge fund Elliott Management has reportedly written off Milan’s debts, having taken over from Yonghong Li. The Chinese owner had to borrow around €180m from the fund to pay…
Elliott Management have taken over control of AC Milan after Yonghong Li “defaulted on debt obligations” and pledged to inject €50m in capital. Yonghong Li failed to pay the €32m…
The full 33-page document on why Milan were excluded from Europe for Financial Fair Play violations points to an unrealistic business plan. The Rossoneri had originally tried to work out…
Elliott Management have taken control of AC Milan from Yonghong Li, while Miami FC owner Riccardo Silva is also linked with a takeover bid. Yonghong Li’s time appears to be…
Paolo Maldini has reportedly been offered a role at Milan, as Elliott Management moves to take over from Yonghong Li. The Chinese owner missed a deadline to repay €32m provided…
Agent Jorge Mendes is reportedly involved in a Milan takeover bid, though it remains to be seen if he’s talking to Yonghong Li or Elliott Management. The club is in…