NEWS
Saturday October 26 2019
Maldini: 'Milan wrong to talk targets'

Paolo Maldini accepts Milan “made a mistake by talking about objectives. We were banned from Europe" because they inherited a club €126m in the red.

The technical director has been giving interviews with Sky Sport Italia, released throughout the weekend, shining a light on the situation at San Siro.

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NEWS
Thursday October 17 2019
Expert: 'Milan could be preparing sale'

Financial expert Luca Pagni suggests Milan’s record €145.9m losses are part of Elliott Management strategy to ‘clear’ the decks for a sale.

Eyebrows were raised when the club announced the balance sheet for the 2018-19 season had them running at an unprecedented loss.

However, the directors are not concerned and so MilanNews.it asked La Repubblica newspapers economic correspondent Pagni to explain the situation.

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NEWS
Friday September 20 2019
Zhang wants 'more flexible' FFP

Steven Zhang says he would like Financial Fair Play to be “more flexible” and that a new stadium is key to Inter’s growth.

Inter were finally freed of FFP restrictions in May - three years after Suning Group’s takeover - and Zhang believes the current system is making life difficult for new owners.

“Since I arrived here the problem has been to understand how Financial Fair Play works,” he said at the seminar ‘Financial Fair Play – does it matter?’, SempreInter.com reports.

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NEWS
Thursday September 19 2019
Agnelli: 'More FFP transparency'

Juventus President Andrea Agnelli said “something has to change” in UEFA investigation of Financial Fair Play. “We want more transparency” and faster results.

The Bianconeri patron and Inter President Steven Zhang were speaking at a panel at the prestigious Bocconi university in Milan, titled ‘Financial Fair Play: does it matter?’

“When you think about the health of a club, you consider its economic prospects,” said Agnelli.

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NEWS
Sunday August 25 2019
Boban: 'Milan logic, not fireworks'

Milan director Zvonimir Boban warns “it will take time, with logical choices rather than fireworks, but we will get back to the top. A low profile is not a lack of ambition.”

Former player Boban quit his job with FIFA to join Paolo Maldini and Ivan Gazidis in running the Rossoneri after chaotic spells under Marco Fassone, Massimiliano Mirabelli and Leonardo.

“It’ll take time, with logical choices rather than the pointless fireworks we saw in recent years, but we will get back to the top,” he told the Corriere della Sera newspaper.

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NEWS
Monday July 29 2019
Scaroni: 'Milan removed FFP burden'

Milan President Paolo Scaroni assures giving up on the Europa League “did us good by taking away the burden of Financial Fair Play.”

The Rossoneri had qualified for the tournament, but rather than risk ending up in the same situation next year with huge Financial Fair Play discrepancies, they agreed with UEFA to be excluded and wipe the slate clean.

“It did hurt to go out of Europe, but it did us good by taking away the burden of Financial Fair Play,” Scaroni told Sky Sport Italia.

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NEWS
Saturday June 29 2019
Official: Roma and Torino upgraded

UEFA have officially moved Roma into the Europa League group phase following Milan’s exclusion, while Torino enter the preliminary round on July 25.

The decision to exclude Milan from UEFA competition due to Financial Fair Play violations was finally confirmed by the CAS (Court of Arbitration for Sport) on Friday.

With that news, the two teams behind them in the 2018-19 Serie A table are bumped up.

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NEWS
Saturday June 29 2019
Milan reconsider Dani Ceballos

Milan are reportedly weighing up a €40m bid for Real Madrid midfielder Dani Ceballos, as exclusion from the Europa League gives them a bit more freedom on the transfer market.

According to both the Corriere della Sera and La Repubblica, the Rossoneri have set their sights on the Spanish U21 starlet and are willing to spend €40m to sign him.

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NEWS
Friday June 28 2019
UEFA: 'Milan sanction acknowledged'

UEFA have released a statement on Milan’s exclusion from the Europa League, seeing it as “confirmation failure to be break-even compliant must lead to a severe sanction.”

The Rossoneri had appealed the original exclusion last year and the CAS (Court of Arbitration for Sport) delayed its implementation while studying the situation and finding compromise punishments that did not suit either side.

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NEWS
Friday June 28 2019
Scaroni: 'Milan had to end saga'

Milan President Paolo Scaroni admits they had to “put an end to this saga and take this burden off our backs” after accepting Europa League exclusion.

The club had succeeded in winning an appeal to at least delay their exclusion from the Europa League last summer for Financial Fair Play infractions, but the situation was even worse this time around.

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