NEWS
Friday April 20 2018
‘Milan will have FFP sanctions, but…’

Marco Fassone admits it is ‘inevitable’ that Milan will be subjected to UEFA sanctions but insists ‘we don’t have to sell anyone’.

Milan met UEFA a third time on Friday morning to discuss their financial plan going forward, and Fassone claimed his regime were paying for Silvio Berlusconi’s mismanagement of the club, while expressing optimism about the Rossoneri’s efforts to restructure their €303m loan.

“This is the third time we’ve met this committee,” the CEO told Sky Sport Italia.

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Thursday April 19 2018
Milan present Elliott guarantees

Milan will reportedly present UEFA with a guarantee that Elliott Management will support the club if Yonghong Li is unable to.

The Chinese businessman took over the Rossoneri in April last year, but he had to borrow money from U.S hedge fund Elliott to complete the deal.

Milan applied for a voluntary agreement on Financial Fair Play but it was rejected by UEFA, in part due to doubts about Li.

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Friday April 13 2018
‘No CL for Milan, no catastrophe’

Marco Fassone assures it will ‘not be a catastrophe’ if Milan fail to reach the Champions League and that Gennaro Gattuso has ‘our unconditional faith’.

A year on from Li Yonghong’s Milan takeover, Fassone dedicated the third and final part of his interview with Gazzetta dello Sport detailing the Rossoneri’s plans to satisfy UEFA and why Gattuso was the ‘right’ Coach.

“No Champions League a catastrophe? No, absolutely not,” he continued to Gazzetta dello Sport.

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Friday April 13 2018
Fassone: Milan finances ‘very good’

Marco Fassone insists Milan’s finances are ‘very good’ and explains owner Li Yonghong has ‘three options’ to refinance the club.

Fassone’s remarks follow reports that one of Li’s companies were declared bankrupt, just six months before Milan were due to repay a €303m loan to hedge fund Elliott Management.

“Milan are very good from a financial and economic point of view,” the CEO told Gazzetta dello Sport.

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Friday April 13 2018
Fassone: 2-3 Milan signings, Gigio…

Marco Fassone reveals Milan fans ‘can expect 2-3 new players in critical positions’ this summer and assures ‘we’re not obliged to sell anyone’.

A lot has been made of Milan’s ownership situation, with President Li Yonghong in the process of refinancing the club, amidst reports that the likes of Gianluigi Donnarumma could be sold if the Chinese businessman fails to raise funds.

Nonetheless, their CEO told Gazzetta dello Sport: “Milan will consolidate their squad.

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Wednesday April 4 2018
Report: Gattuso to sign Milan deal

There are multiple reports that Gennaro Gattuso will extend his Milan contract to June 2021 over the next 24 hours.

According to several sources, from Sky Sport Italia to Mediaset Premium and Sportialia, there is an appointment booked for Thursday afternoon at Casa Milan.

There, Coach Gattuso will meet with CEO Marco Fassone and sporting director Massimiliano Mirabelli to sign the deal.

The tactician took over from sacked Vincenzo Montella on November 27, promoted from his role with the Primavera youth team.

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Tuesday March 27 2018
Fassone: ‘Gattuso changed Milan’

CEO Marco Fassone admits Gennaro Gattuso has transformed Milan - “the climate has changed completely”.

The Rossoneri sacked Vincenzo Montella in November, promoting their former midfielder to the top job after just six months as the Primavera coach.

“I just have to think back to the situation around Christmas,” Fassone said in an interview with Sky.

“We came off bruising defeats to Atalanta and Verona and weren’t playing well, we can say we were under a train.

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Friday March 23 2018

Fassone seeks Milan investors

Milan CEO Marco Fassone is reportedly in London, as they seek to refinance their loan from Elliott Management.

The Rossoneri were bought by Chinese businessman Yonghong Li last April, but he needed loans from the U.S hedge fund to get the deal over the line.

Holding company Rossoneri Sport Investment owes €180m, while the club itself must pay back €123m by October, or Elliott can take over Li’s shares.

As a result, Milan’s directors have been looking to refinance their debt, with Merrill Lynch appointed to find new investors.

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Wednesday March 21 2018
Gattuso renewal next week?

It’s reported Gennaro Gattuso could sign his Milan renewal next week, ahead of the Juventus game.

The former midfielder replaced Vincenzo Montella on the Rossoneri bench in November, but he’s still on the same contract he had to coach the Primavera team.

That makes him the lowest-paid Coach in Serie A, on €120,000 per season, so the club are keen to tie him to a better deal.

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Sunday March 18 2018
Fassone: 'Milan reflect Gattuso'

Milan CEO Marco Fassone said the team “has absorbed the characteristics of its Coach” Gennaro Gattuso, but reveals a derby debate with Inter.

The Rossoneri seem to be back on track with battling spirit to earn victories over Genoa and Chievo, today emerging 3-2 winners at San Siro.

“This Milan side has changed and it’s down to Gattuso, but despite the difficulties, the team is playing great football,” Fassone told Sky Sport Italia.

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