BLOG ITALIA
Monday July 23 2018
Reasons for optimism for Milan

Post Yonghong Li, Elliott have begun taking the necessary measures to shake up the technical staff at Milan, move on the market and spark new hope, writes Matthew Santangelo.

In a matter of a few weeks, Milan go from having their owner Li Yonghong default on his €32m loan obligation and suspended from European competition to looking somewhat of a rejuvenated Rossoneri under Elliot Management.

Since the hedge fund seized control of the club, it seems that regardless of whether or not they have plans to run the Rossoneri long term, there is some legitimacy and transparency attached to their name and financial standing. Elliott recognise the position Milan hold in football, and ensured in their press release this past weekend after the CAS ruling granting Milan participation in the upcoming Europa League campaign, that they have the stability and strategies to bring the seven-time Champions League winners back to prominence.

Following the announcement of a new board headed by executive chairman Paolo Scaroni, and the dismissal of Marco Fassone from his CEO title, it is obvious Elliott’s aim is to tie up the loose ends and repair the damage the club has taken by shaking up the brain trust. This includes appointing former Milan player and Paris Saint-Germain sporting director Leonardo, while also strongly tied to both Umberto Gandini and Arsenal CEO Ivan Gazidis, who conjure up renewed optimism amongst supporters that the club will be guided properly from all aspects.

As if cleaning house in the front office and at the top wasn’t already encouraging Milan fans to believe that there is perhaps light at the end of the tunnel after all, the activity on the market looks somewhat promising compared to what we expected just weeks prior – if the rumours swirling about the Italian media are true.

Leonardo is said to be already working behind the scenes to acquire premium players like Juventus striker Gonzalo Higuain, who both Milan’s incoming director and Beppe Maortta reportedly engaged in initially conversations over, and free agent Milan Badelj.

Leonardo will be given some freedom to operate on the market for the remainder of this window - by both buying and selling to stay within their operating and budget FFP parameters - and the expectations are that these next weeks will be decisive, both on the pitch and off.

Over the last several weeks, the vibe has changed for Milan supporters. Confusion, uncertainty and a feeling of ambivalence amongst the passionate fanbase has been quelled by a defined objective laid out by Paul Singer and Elliott that has injected some optimism that maybe this ship treading water can be steadied after a bit of turbulence.

With time left in the summer to round out the technical staff and piece together the roster with a few more key additions for manager Gennaro Gattuso to compete, Milan look to be well positioned, and at the very least, in a much better situation than many expected at this point in time.

Have your say...
#Fact 1: In any top flights league in Europe, the most UCL winner is usually the most league title winner, except Juve.
#Fact 2: 18 scudetti = 11 UCL finals vs 34 scudetti = 9 finals. Clearly Juve is run by mafia. Lol. Don't forget the 2 scudetti. =))
#Fact 4: 6 of 10 Juve's international trophies was given by Trappatoni. True Milan Blood
#Fact 5: Milan remembered for conquering Europe while Juve remembered for conquering Sardinia. Lol
7 gold medal is much much better than 7 silver medal. LoL
on the 8th August, 2018 at 7:23pm
Why are you guys even following articles about Milan...I rest my case...You are so scared to see something happening at Milan hoping it's nothing positive, that you prefer the company of Roma and Napoli to make you feel good. And whilst your 70 cups are filling up the streets of Turin, the world remembers Milan for conquering Europe...
Can somebody please say something topical, this nonsensical mud slinging is getting boring...
And I will cheer Juve on in the UCL, if they do well, Calcio benefit
on the 26th July, 2018 at 4:20pm
Oh yes pls drink as much as you like from 7 UCL Cups if that's the ONLY WAY to make you look tough. LMAO

Since Juve just got the best player in the world to fill in already great squad why don't you cheer Juventus at Champions League? But, you can stay in cave if you like. Get drunk and staring at 2007 dusty calendar every night.

"We Will rise from ashes". I've heard that stupid words every year from AC & inter fans. It sounds dumb and never comes true. LOL
on the 26th July, 2018 at 2:04pm
I know its sad when you realize all your players and staff are crap but its not anyone here fault. Hahahahahahah haaaaaaaaaa
on the 26th July, 2018 at 1:43pm
Hahaha nobody cares about your 7 lame trophies. Juventus has 70 buddy wake up. Your lame team is being controlled by mafee and taylor from axe capital hahahah .right now milan aspiring to finish 5th in this season. Either way its 2018 weirdo.you drinking cobwebs? Hahahahajaj get away from here pls
on the 26th July, 2018 at 1:41pm
@Giancarlo...yes we are optimistic and yes we are drunk and yes maybe you will allow all Milanisti to be drunk and blinded for following a team that has put Italian soccer on the World stage...so please excuse us and allow us to drink from the 7 UCL cups (it carries quite a lot of liquid) which is more than the top 4 teams in Serie A combined...so now that you have time to play catch up please do so while we sort out our issues...We will rise from the ashes.
on the 26th July, 2018 at 7:28am
Optimism for Milan? Are you kidding me? LOL

FI are you drunk?
on the 25th July, 2018 at 9:19am
@Anonymous...and your point being? Give us something meaningful to respond to...So Leo wants to leave, that's the least of our troubles right now...our focus is somewhere else (getting Milan on calmer waters at leadership/ownership level)and your nonsensical input is not getting us into intelligible debates here...Leo is replacable, the Milan reputation once lost is of primary concern, and that is a bigger battle to fight...
on the 25th July, 2018 at 9:11am
@ Microslav Good one. I completely agree.
on the 25th July, 2018 at 1:41am
Predictably all of the articles and fans are talk about the transfer market but Milan do not need to spend billions to make up for the 8 crucial points they dropped to Verona and Benevento. If this squad can finish 6th under a total novice coach then they're not as bad as people think they are. If a total novice coach managed to finish 6th with a novice team then maybe even the coach isn't too bad. But I'd prefer not to take the risk and to hire someone like Conte. Then we'll judge.
on the 25th July, 2018 at 1:40am
Yeah I'm encouraged by what Elliott has done so far. They've made some positive announcements in the press about bringing stability, they've changed things at the top which is where the changes were needed, got us re-instated in the EL, they blocked the sale of Locatelli which I'm particularly happy with and, if they do decide to replace Gattuso with Conte, then that would probably be the only signing we need to make to qualify for the top 4.
on the 25th July, 2018 at 1:37am
Leo b begging to come back hahahahahah
on the 24th July, 2018 at 5:07pm
Milan will end up like Parma and Lazio. Buy unnecassary player then sell their best player. Bad and corrupted management, this is only the beginning of the end for AC Milan. Their fans can be optimistic but their current management can do nothing but wait for right opportunity to sell it to the other. Elliot management is not stupid enough to invest their for unprofitable investment for soccer club like milan. Remember milan is not real madrid nor manchester united that has good brand value.
on the 24th July, 2018 at 3:30pm
Lat year Mirabelli and Fassone got handed a giant wallet and they went berserk without thinking about what Milan actually needed and we all saw how that worked out.

This year lets hope the right advisors make the right decisions. Make well thought out purchases and sell off the dead weights like Kalinic.

Lazio are actually a good example to follow in the short term, and then grow into a Juve business model in the long term.
I feel good about this year for the first time in a looooong time.
on the 24th July, 2018 at 11:57am
Milan is in stable hands for now...the main reason is that Elliot will not be stupid enough to run the club further into the ground when they can stabilise it, restore its credibility and sell it off for a handsome profit in a year or 2. One big concern is the amount of money they will be willing to spend on the transfer market and juggling that with necessarily injecting too much capital into a business they have no long term outlook on...either way stability is the buzzword for now...Forza
on the 24th July, 2018 at 8:21am
I'm sick and tired to see Italian big clubs like Milan being toyed around by foreigners. I agree on Maldini's Heir that we can expect another sell. I just hope the next owner is a legitimate ITALIAN.

- Juventus fan.
on the 24th July, 2018 at 6:26am
If Gattuso does not have Milan fighting in the top 4 places by Christmas, he will be sacked for Conte.
on the 24th July, 2018 at 5:13am
I get the feeling Elliott is about increasing the value of the club but at low cost operations and then selling on. After all they basically had someone else pay 880M plus a 200M spree to get a club for 300M. I'd say that's a great deal. Anything over 300M is bonus for them. I doubt they will inject cash. If they are really smart they would sell the club now (unless they cant legally do it)as it would take premium purchases to increase the value of the club to the extent theyll see the return
on the 23rd July, 2018 at 6:22pm
AC MILAN is one of the biggest soccer clubs in the world. All dirty games played by previous management (prior to fake Chinese) heavily damaged our beloved team. Unfortunately I don't think that Elliot will make big transfers, they may be will build new 40.000 stadium to increase the capitalization of the club for future sale.
AC Milan need very good coach first of all and good managers.
I really doubt that Gattuso and Leonardo will be world class. But we will see. Anyway FORZA AC MILAN FOREVER!
on the 23rd July, 2018 at 4:33pm
AC MILAN is one of the biggest soccer clubs in the world. All dirty games played by previous management (prior to fake Chinese) heavily damaged our beloved team. Unfortunately I don't think that Elliot will make big transfers, they may be will build new 40.000 stadium to increase the capitalization of the club for future sale.
AC Milan need very good coach first of all and good managers.
I really doubt that Gattuso and Leonardo will be world class. But we will see. Anyway FORZA AC MILAN FOREVER!
on the 23rd July, 2018 at 4:32pm
Now they need to get rid of that muppet Gattuso and appoint a proper manager. Conte is still available.
on the 23rd July, 2018 at 3:05pm
As a big Milan fan i am deeply grateful to my team for helping me keeping up my mental strenght. Every year i have to learn and remember dozens of new names and faces.
From, i dont know how many, new players over 6-7 coaches, 3 owners, 3 CEOs, sporting directors and boardmembers. Its quite challenging but i still try to keep up.
Forza Milan and hopefully we get some stability from now on.
on the 23rd July, 2018 at 2:32pm
Can't be any worse than when Milan were under Chinese management!!
on the 23rd July, 2018 at 2:31pm

Post new comment

Your email address is kept private and will not be shown publicly.
If you have your own website, enter its address here.
Maximum 500 characters.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image.
Your responses will be moderated, and sometimes edited, by Football Italia before appearing on the site. Your data may be made public and you accept our Privacy Policy. Please keep your comments clean and try to keep them relevant to the blog above. We reserve the right to reject views that we deem unsuitable for publication.