NEWS
Tuesday May 29 2018
Maldini had 'formed an idea' on Milan

Paolo Maldini implies he saw Milan’s financial difficulties coming, “but we should wait for events at this point and see what happens.”

The club legend had been in negotiations for a role within Yonghong Li’s new Rossoneri project a year ago, but turned it down, telling reporters he was unconvinced by their plans.

Now that UEFA have refused to reach a voluntary or settlement agreement over Financial Fair Play and could throw Milan out of the Europa League, how does he see the situation?

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NEWS
Sunday May 27 2018
Report: Li rejected Milan bid

Milan’s board are reportedly studying ways to oust the Chinese owners, as Yonghong Li is said to have rejected a €450m takeover bid.

The Rossoneri will be sanctioned by UEFA for Financial Fair Play, with the governing body deciding not to offer them a settlement agreement.

Both the club and owner are in debt to U.S hedge fund Elliott Management, who funded the Chinese takeover last April.

If the fund isn’t repaid by October, they can take control of the running of the club.

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NEWS
Saturday May 26 2018
Milan looking at UEFA exclusion

There are growing concerns Milan could be excluded from the Europa League, as Elliott Management try to wrest control from Yonghong Li.

UEFA refused to reach either a voluntary agreement or a settlement agreement with the club over Financial Fair Play issues, meaning there will be a heavy penalty coming up next month.

La Gazzetta dello Sport claim there is increasing pessimism on the situation in the Milan camp, as there is the very real fear they could be excluded from the Europa League.

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NEWS
Thursday May 24 2018
Milan set Li deadline

Milan owner Yonghong Li is due to pay another €10m toward a capital increase by tomorrow, and reports suggest he could be removed if it doesn’t arrive.

The Chinese businessman bought the Rossoneri in April last year, but there have been persistent questions about his financial status.

UEFA have doubts about Li’s ability to sustain the club, and rejected a settlement agreement on Financial Fair Play earlier this week.

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NEWS
Thursday May 24 2018
Tension between Li and Fassone

It’s reported that there’s tension between Milan owner Yonghong Li and CEO Marco Fassone after UEFA’s Financial Fair Play decision.

The Rossoneri were denied a settlement agreement by European football’s governing body, and could now even be thrown out of the Europa League.

While a fine and squad limitations are more likely outcomes, the decision has proved embarrassing for the club’s board.

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NEWS
Wednesday May 23 2018
Report: American interest in Milan

Reports in Italy once again claim Miami Dolphins owner Stephen Ross could step in to take over Milan if Yonghong Li defaults on his loans.

The Chinese businessman had to borrow €180m from U.S hedge fund Elliott Management to complete his takeover, while the club itself owes around €128m.

These debts have to be paid by October, and the club has been seeking to refinance, taking a longer-term loan at a lower interest rate.

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NEWS
Tuesday May 22 2018
Why did Milan fail FFP parameters?

UEFA rejected the FFP settlement agreement with Milan because of concerns over Yonghong Li’s debt to Elliott Management and a lack of revenue.

“The Investigatory Chamber of the UEFA Club Financial Control Body (CFCB) has decided to refer Italian club AC Milan to the Adjudicatory Chamber of the CFCB for breach of the Financial Fair Play regulations, in particular the break-even requirement,” read the statement.

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NEWS
Tuesday May 22 2018
Milan risk UEFA exclusion

Milan could become the 17th club to be denied access to UEFA competition for failing Financial Fair Play tests, joining the likes of Galatasaray and Panathinaikos.

UEFA released a statement this evening confirming the negotiations over a voluntary agreement and settlement agreement had failed and the club will go to a disciplinary hearing next month.

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NEWS
Tuesday May 22 2018
Official: Milan fail FFP tests

UEFA have formally rejected Milan’s Financial Fair Play settlement agreement, so there will be a disciplinary hearing in June.

This decision had been in the air for some time, but this evening UEFA turned down the proposal to settle their FFP issues.

It means Milan and their books will now be analysed in depth, a hearing held in June and potentially serious repercussions for the club.

It’s possible they will block the transfer activity, give a hefty fine and potentially even exclude them from the Europa League.

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NEWS
Saturday May 5 2018
Yonghong Li targets Coppa Italia

Milan President Yonghong Li has flown in to attend the Verona game and Coppa Italia Final with Juventus. “I have great expectations.”

The Rossoneri are in action at 17.00 UK time (16.00 GMT) with Hellas Verona at San Siro in Serie A.

On Wednesday, they take on Juventus in the Coppa clash at the Stadio Olimpico in Rome.

“I certainly have great expectations for this game,” the patron told Milan TV.

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