Lille President Gerard Lopez claims Elliott Management intend to grow his club, whereas they “funded Milan to be bought” at a profit.
The US hedge fund is in control of Milan only because previous owner Yonghong Li defaulted on repayments on a €300m high-interest loan he had used to purchase the club from Silvio Berlusconi.
Elliott expanded their football investments by helping Lopez to fund Ligue 1 side Lille with another large loan of €140m.
However, the two approaches may well be different.
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