NEWS
Thursday May 4 2017
Montella: ‘Milan distracted by closing’

Milan Coach Vincenzo Montella admits “something happened on a mental level after the closing”.

Last month, the sale of the Rossoneri to a Chinese consortium was finally completed but the team hasn’t won a game since.

“Inevitably, something happened on a mental level after the closing,” Montella admitted in an interview with Corriere dello Sport.

“For the majority of the season everyone had guaranteed the maximum concentration, and this is also assured on the part of the new owners.

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NEWS
Wednesday May 3 2017
Fassone: ‘Milan will be strong’

Marco Fassone assures the new owners want “a strong Milan”, and will sign “experienced and quality players” in the summer.

Yonghong Li’s Rossoneri Sport Investment Luxembourg consortium has completed a takeover of the Rossoneri, but there has been concern over the involvement of a U.S hedge fund.

The club has issued a €123m bond in Vienna, and the new CEO looked to clarify the situation.

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Saturday April 29 2017
Vultures circling at Milan

The U.S hedge fund which seized an Argentine naval vessel - Gaby McKay looks at Elliott Management, the power behind the new Milan throne.

In October 2012, Ghana impounded an Argentine naval ship. In years gone by, such an action could have been seen as a prelude to war, though by all accounts those on board were well-treated by the locals. Far from being an act of aggression though, the Ghanaian authorities were simply enforcing a court judgement granted in favour of an American hedge fund.

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NEWS
Thursday April 27 2017
Milan to issue €123m bond

Reports suggest Milan will issue a €123m bond, underwritten by the US hedge fund which bankrolled the takeover of the club.

Yonghong Li and his Rossoneri Sport Investment Lux group completed their purchase of the club from Silvio Berlusconi earlier this month.

Now financial website il Sole 24 Ore reveals that a €123m bond will be issued by the club in Vienna, underwritten by Elliott.

Of that figure, €73m will go toward repaying Italian debts to Italian banks including BancoBpm, Intesa Sanpaolo, Unicredit, Cariparma and others.

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NEWS
Wednesday April 26 2017
Berlusconi 'wanted to advise Milan'

Silvio Berlusconi turned down the role of Honorary Milan President because he wouldn’t be allowed to give tactical advice to the Coach, revealed his brother.

The sale of the club to Yonghong Li ended a 31-year reign at San Siro, although it took considerably longer than expected when the conglomerate changed and lost funding.

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NEWS
Saturday April 22 2017
Montella 'getting to know' new Milan

Vincenzo Montella is “getting to know” the new Milan directors after the takeover and “I see everything we need to do well.”

The club ended a 31-year Silvio Berlusconi reign with the takeover by Yonghong Li, so Montella spent time with directors Marco Fassone and Massimiliano Mirabelli this week, including a visit to the Monaco v Borussia Dortmund Champions League quarter-final.

“We went to see a game together as part of the process of getting to know each other,” said the Coach in today’s Press conference.

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NEWS
Thursday April 20 2017
Zapata: ‘Li will remember my name!’

Cristian Zapata discusses his last-minute goal for Milan against Inter - “Yonghong Li will remember my name!”

The centre-back forced a 97th-minute equaliser over the line in last Saturday’s Derby della Madonnina, completing a Rossoneri comeback from 2-0 down.

“I don’t even know how I got it, I just saw the ball coming in,” Zapata explained to Milan TV.

“Maybe I got it with my shin, a bit of my foot… a bit of everything. These are the games where you fight more and I was fired-up.

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Thursday April 20 2017
Bi-monthly checks on Milan?

It’s reported that Elliott Management will check up on the new Milan ownership every two months, to protect their investment.

Rossoneri Sport Investment Lux, led by Yonghong Li, finally completed their takeover of the club last week, thanks to an injection of €330m worth of capital from the US hedge fund.

This morning’s Gazzetta dello Sport is carrying a report on the deal, breaking down the details of the agreement between Elliott and Li.

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Sunday April 16 2017
Montella's the Man

As Vincenzo Montella starts talks with new owners, Adam Summerton argues L’Aeroplanino has already proved himself ready to take Milan to the next level.

The completion of Milan’s protracted takeover must have been a huge relief to Vincenzo Montella. Whether he’ll miss regular phone calls from Silvio Berlusconi or not I really don’t know, but I can be certain that he’ll be glad to see the back of the uncertainty and speculation that surrounded the club’s future even before he became Coach last summer.

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Sunday April 16 2017
Galliani: 'I went completely mad!'

Adriano Galliani has left Milan, but admits he “went completely mad” at the last-gasp equaliser. “Inter can’t complain.”

The former CEO was a mainstay in the stands at every Serie A game for the last 31 years, but decided not to attend out of respect for the new owners following Yonghong Li’s takeover.

Galliani watched the Derby della Madonnina at a restaurant in Brera, near Milan, with friends and former co-workers.

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