NEWS
Tuesday July 10 2018
Milan punished for 'unrealistic' plans

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 a Voluntary Agreement with UEFA after Yonghong Li bought the club from Silvio Berlusconi for €740m in April 2017.

When that was rejected in December, they were stunned to find out the Settlement Agreement was also turned down, eventually leading UEFA to exclude them from Europe for the 2018-19 season.

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NEWS
Monday July 9 2018
Gattuso: Milan preparing for Europe

Gennaro Gattuso insists Milan are preparing ‘with Europe on our minds’ and that Simone Zaza is too similar to Patrick Cutrone.

Speaking at his first Press conference of the new season, Gattuso also touched on a tough 50 days coming into the campaign, Milan new boy Alen Halilovic being used as a central midfielder and who will start in goal after Pepe Reina’s arrival.

“It’s not been an easy 50 days, I can assure you, but I’ve felt much better for the last two days,” began the Coach.

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NEWS
Tuesday July 3 2018
UEFA re-open PSG investigation

After barring Milan from the Europa League, UEFA have announced that they will review the decision to close an investigation into Paris Saint-Germain.

Last summer the French club spent €222m to activate Neymar’s Barcelona release clause, and committed to paying €180m for Monaco’s Kylian Mbappé, who arrived on an initial loan.

That sparked a Financial Fair Play investigation, but it was closed last month with no charges brought.

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NEWS
Tuesday July 3 2018
Milan’s CAS strategy

Milan will reportedly present three arguments to the Court of Arbitration for Sport as they seek to have their European ban overturned.

The Rossoneri have been excluded from the Europa League for Financial Fair Play breaches, but have appealed to CAS.

According to this morning’s Gazzetta dello Sport, there are three key points on which the appeal will be based.

The first will be to point out that the debts were run up under Silvio Berlusconi’s regime, meaning it’s unfair that the current management should be punished.

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BLOG ITALIA
Tuesday July 3 2018
Milan fans turn on Yonghong Li

A year on from Silvio Berlusconi’s sale, Milan supporters finally realise Yonghong Li is not qualified to run the club, writes Matthew Santangelo.

A sense of relief filled each and every Milan supporter last summer as three-decade President Silvio Berlusconi finally relinquished the club to Yonghong Li, a name determined to invest significantly in the market and restore order to the Rossoneri regime by spending upward of €200m on nearly a dozen fresh faces.

One after the other, handshakes were shared between CEO Marco Fassone, sporting director Massimiliano Mirabelli and a new signing brought in to build a winner once again out of the seven-time Champions League victors.

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NEWS
Monday July 2 2018

Fassone: ‘EL about principle’

Milan CEO Marco Fassone admits being excluded from the Europa League won’t have a huge financial impact - “it’s almost more of a principle than anything else”.

The Rossoneri have been barred from this year’s competition for Financial Fair Play irregularities, but are appealing that to the Court of Arbitration for Sport.

“It's something that’s almost more of a principle than anything else,” Fassone explained in a Q&A with fans.

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NEWS
Saturday June 30 2018
Costacurta: 'Milan not a surprise'

FIGC Vice-Commissioner Alessandro Costacurta said UEFA excluding Milan from Europe was “not a surprise. We must ensure it doesn’t happen again.”

The Rossoneri were penalised for Financial Fair Play violations with a one-season ban from European competition, after they had qualified for the Europa League group stages.

“To be honest, the warning signs were there and it really wasn’t a surprise. We knew the UEFA verdict would go this way,” former Milan defender Costacurta told reporters.

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NEWS
Thursday June 28 2018
UEFA questioned Milan 'credibility'

UEFA’s reasoning for excluding Milan for Europe repeatedly used the term ‘credibility’ with regards to Yonghong Li, according to a leaked report.

The Rossoneri were punished for violating Financial Fair Play parameters and consequently excluded from the Europa League for the 2018-19 season.

Their full reasoning will only be released later, but according to La Gazzetta dello Sport, it includes a 30-page document outlining the issues UEFA had with their FFP business plan.

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NEWS
Thursday June 28 2018
Milan shareholders want Li sale

The Association of Milan Small Shareholders have sent a strongly-worded letter urging Yonghong Li to “unequivocally prove his financial stability or step aside.”

President Yonghong Li has been increasingly under fire, especially after missing the deadline to pay €32m to raise the capital, so US hedge fund Elliott Management – to whom Li owes €380m in October – had to step in.

He has until July 6 to repay it or Elliott will effectively begin to repossess his assets – specifically AC Milan.

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NEWS
Thursday June 28 2018
‘Milan have support of calcio’

FIGC commissioner Roberto Fabbricini believes Milan have “the support of all Italian sport” in their appeal against a UEFA ban.

The Rossoneri have been denied entry to the Europa League for breaching Financial Fair Play, but will appeal to CAS to have the verdict overturned.

“A sentence has to be respected,” Fabbricini told reporters after attending the ceremony for the Premio Giulio Onesti.

“There will be chances for the club though, there are several levels of appeal within the sporting justice system.

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