NEWS
Wednesday June 10 2020
Li: 'Scaroni backstabbed me'

Former Milan owner Yonghong Li has hit out at Paolo Scaroni, alleging a conflict of interest on the part of the club’s current President.

Li owned Milan during the 2017-18 campaign with Scaroni a member of his board at the time.

However, he was ultimately replaced as President by the 73-year-old, with Elliott Management gaining control of the Rossoneri after the Chinese businessman defaulted on a loan lent to him by the hedge fund.

“It was an exasperating time,” he told Forbes.

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NEWS
Thursday May 21 2020
Fassone: 'Milan needed quality not quantity'

Former Milan director Marco Fassone admits to regrets over the Rossoneri experience with Yonghong Li. ‘We should’ve focused on quality more than quantity.’

He was CEO of the Rossoneri from April 2017 to July 2018, covering the period that Yonghong Li owned the club, but the President defaulted on a loan repayment and Elliott Management repossessed the side.

“Let’s just say that the experience could’ve ended differently,” Fassone told Calciomercato.com.

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BLOG ITALIA
Thursday May 14 2020
Ivan the Terrible strikes again

Ralf Rangnick may well be the right man for Milan, but Livio Caferoglu writes Ivan Gazidis has gone in completely the wrong way about hiring him.

Not even a global health emergency could mellow the madness at Milan. Only last summer, Elliott Management backed Zvonimir Boban and Paolo Maldini to return the club to greatness. Less than 12 months on and the pair are about to be consigned to the Rossoneri’s history books for the second time. Instead, a man with no official connections to the red half of San Siro has been allowed to call the shots, seemingly without informing his colleagues at the club.

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NEWS
Friday May 8 2020
Rangnick confirms Milan contact

Red Bull director Ralf Rangnick confirms contact with Milan and ‘can’t exclude’ becoming the new Rossoneri coach.

The former RB Leipzig and Schalke 04 coach has been targeted by Elliott Management as the ideal leader at San Siro and, according to Calciomercato.com, a precise choice by Gordon Singer.

Rangnick has confirmed talks with the Diavolo and a revolution at Milanello seems ever more likely.

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NEWS
Tuesday April 28 2020
Yonghong Li: 'Commisso offer an insult'

Former Milan President Yonghong Li has again criticised Elliott Management, won’t rule out a return and said Rocco Commisso’s takeover offer was “an insult.”

The Chinese businessman purchased AC Milan from Silvio Berlusconi in April 2017, but only did so thanks to a high-interest €303m loan from US hedge fund Elliott Management Corporation.

When Yonghong Li defaulted on the loan repayments, Elliott effectively repossessed the club as an asset in July 2018 and have been running the Serie A giants ever since.

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NEWS
Tuesday April 14 2020
Simone: 'Milan should get Icardi'

Former centre-forward Marco Simone claims Milan ‘already planned’ to sack Zvonimir Boban, has doubts about Ralf Rangnick’s proposed role and wants to see Mauro Icardi with the Diavolo.

The former sporting director Zvonimir Boban was sacked after a controversial interview with La Gazzetta dello Sport earlier this year, but the 51-year-old Simone has claimed the Milan hierarchy were only waiting for an opportunity.

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NEWS
Sunday April 5 2020
Rangnick to Milan back on?

Gazzetta dello Sport reports Milan are still keen on Ralf Rangnick and that Elliott Management is ready to invest €75m on new players.

Talks with Rangnick seemed to be slowing down, with Luciano Spalletti becoming the new favourite to replace Stefano Pioli.

However, La Gazzetta assures the former RB Leipzig boss is still very much at the forefront of Elliott’s plans for the Rossoneri.

As per the newspaper, the issue of next season’s budget is currently being negotiated between the two parties.

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NEWS
Friday April 3 2020
Li slams 'emotionless' Elliott

Former Milan President Yonghong Li has hit out at current owners Elliott Management for treating the club like ‘an emotionless investment’.

Li was forced to hand Milan over to Elliott in July 2018 after he defaulted on a loan used to help buy the club, lent to him by the hedge fund.

However, the Chinese businessman [pictured, right] is not a fan of how the Rossoneri have since been run, claiming they ‘deserve better’.

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NEWS
Tuesday March 10 2020
Scaroni: 'Elliott saved Milan'

President Paolo Scaroni has claimed that Elliott “saved” Milan and trusts that CEO Ivan Gazidis’ work will be “rewarded with time”.

The recent fallout with director Zvonimir Boban and the rumours regarding a future deal with Ralf Rangnick snowballed into another controversial episode in a series of trouble since former owner Silvio Berlusconi left the club.

The timing was a surprise, as the Rossoneri seemed to be going through a positive period, fighting for a place in Europe next season.

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BLOG ITALIA
Sunday March 8 2020
Milan a dysfunctional family

Zvonimir Boban's sacking is just the tip of the iceberg, as Vijay Rahaman looks into the utter chaos that is the current Milan management.

AC Milan has always prided itself on being a "family club", but right now this legendary sporting institution is tearing itself apart, taking valuable attention away from on-field issues that still need fixing.

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