NEWS
Sunday December 30 2018
Fassone suing Milan for €30m

Former Milan director Marco Fassone is reportedly suing the club for €30m in damages for unfair dismissal.

The ex-CEO has taken legal action against the Rossoneri and the matter is in the initial stages, but more details are beginning to emerge.

According to La Repubblica, Fassone’s lawyers are asking for €30m in various damages and missed earnings.

Fassone was the key figure in Yonghong Li’s failed administration, along with director of sport Massimiliano Mirabelli.

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NEWS
Monday December 24 2018
‘Milan board knew about investigation’

Marco Fassone’s lawyer says the decision to hire investigators to follow journalists was “agreed and endorsed” by the whole Milan board.

It emerged yesterday that the final days of Yonghong Li’s disastrous reign were characterised by paranoia, with offices swept for bugs and employee phones searched.

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NEWS
Sunday December 23 2018
Milan hired PI to follow reporters

Milan reportedly had journalists followed by a private detective, went through their employees’ devices and swept offices for bugs during the Yonghong Li administration.

According to La Repubblica, the final months of the Chinese patron’s tenure were characterised by paranoia over leaked information.

The situation is emerging now because former CEO Marco Fassone is suing Milan for unfair dismissal.

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NEWS
Wednesday December 19 2018
‘Fassone fired for nothing’

Marco Fassone’s lawyer insists the former Milan CEO was “fired for non-existent reasons” and “defamed in the Press”.

The former Rossoneri director is suing the club for unfair dismissal, having been removed when Elliott Management ousted Yonghong Li, and his lawyer discussed the reasons.

“It’s very simple,” Francesco Rotondi told Pianeta Milan.

“He was fired for non-existent reasons and defamed in the Press in an incredible way by his own colleagues.

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NEWS
Tuesday December 18 2018
Fassone to sue Milan

Former Milan CEO Marco Fassone has decided to go through with suing the club on the grounds of unfair dismissal.

Fassone was ousted in July by Elliott Management, which took control of Milan after Li Yonghong defaulted on a loan lent to him by the hedge fund.

However, ANSA reports the 54-year-old has taken his appeal to the courts, with the first hearing to be held on Wednesday.

Fassone’s lawyer Francesco Rotondi argues his dismissal was ‘retaliatory’ and is therefore asking for it to be annulled.

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NEWS
Monday October 15 2018
Fans bail out Milan

Milan’s loss of €126m under Yonghong Li would have been far worse, were it not for higher than expected attendances.

The Chinese businessman bought the Rossoneri from Silvio Berlusconi in April of 2017, but he was forced out by Elliott Management, who bankrolled the takeover, just over 12 months later.

Last week the scale of the mismanagement was made clear by a €126m loss, but analysis from Calcio e Finanza reveals things could have been far worse.

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NEWS
Saturday October 6 2018
Raiola: 'Zlatan prepared for Milan talks'

Mino Raiola said he and LA Galaxy star Zlatan Ibrahimovic are “prepared to talk” to Milan about a move now that they are under new ownership.

The Swede turned 37 this week, but reports continue to gather pace that he could make a return to the club he represented from 2010-12.

“At the moment it’s not a possibility, because the conversations we had with the club are not current, but we are prepared to talk,” agent Raiola told Rai Sport.

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BLOG ITALIA
Monday August 6 2018
Maldini shows Milan ambition

Paolo Maldini refused to join the Rossoneri board under Yonghong Li, so Gaby McKay says his arrival now represents a big step forward.

One of the biggest red flags in Yonghong Li’s tenure as Milan owner came before the Chinese businessman had even taken over the club.

In October 2016, Li was head of a consortium called Sino-Europe Sports which was looking to buy the Rossoneri from Silvio Berlusconi. With the takeover effectively having to be paid for in instalments and a lack of clarity over who made up the group, the potential new owners sought to bring a club legend on board to placate fans.

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NEWS
Thursday August 2 2018
Milan: Fassone demands €10m?

Marco Fassone is reportedly demanding €10m compensation from Milan after he was sacked as their CEO.

According to Il Sole 24 Ore, Fassone believes he is entitled to the payout, given his dual role as CEO and general manager, which amounted to a salary of €1.1m.

Furthermore, the ex-Inter and Juventus director is claiming severance pay was written into his Rossoneri contract.

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Wednesday August 1 2018
Milan learned their lesson

After spending more than they could afford last summer, Milan are taking a more cautious - and potentially more efficient - approach to the transfer market this year, writes Vilizar Yakimov.

It is very likely that the 2017-18 campaign will go down as one of the worst in Milan’s recent history. Despite finishing sixth and securing an Europa League spot, the Rossoneri spent almost €200m on the mercato, lost their owners and have been forced to start from ground zero once again this term.

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