Milan have put the legal battle with former shareholders behind them, as the action against RedBird was dropped, but only raised further questions because a man other than Yonghong Li was named as the previous owner.
The takeover of Milan was completed at the start of this month and there was legal action from Blue Sky Financial Partners, run by Gianluca D’Avanzo and Salvatore Cerchione, trying to block the sale of the club.
That action has now been dropped, but Calcio e Finanza looked through the paperwork and spotted something unusual.
The official owner of Milan after the Silvio Berlusconi era was Yonghong Li, who purchased the club in April 2017 with the aid of a €303m loan from Elliott Management.
When he failed to keep up repayments, Elliott repossessed his assets, including the club, in July 2018.
Examining the paperwork of the Blue Sky Financial Partners legal action, Calcio e Finanza saw the previous owner of the club is named not as Yonghong Li, but as Mr Lee Sui Har.
It is not clear if this is the same person under a different name or if there was a whole other businessman involved in the takeover.
Yonghong Li has long been the centre of controversy, as the New York Times and others tried to track down his businesses and found largely empty offices and unused addresses.
Yonghong Li is probably an actor, sent by Berlusconi to double Milan‘s value at the time. It was a successful operation as Berlusconi got the number he wants from Milan’s sale with Elliot Fund as the victim.
“Elliot fund as the victim” Not much of a victim as it get the club for a song and have now sold it for a big profit.