NEWS
Monday July 8 2019
Boban: 'Milan have ambition'

Zvonimir Boban insists Marco Giampaolo was the only choice of Coach, while he “wouldn’t be here” if he thought Milan lacked ambition.

New boss Marco Giampaolo was presented to the media today, with directors Paolo Maldini and Boban also answering questions.

“It was an easy decision and a logical one in football terms to hire this Coach. We are very much in sync, we know the type of football that Giampaolo likes,” said Boban.

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NEWS
Friday June 28 2019
OFFICIAL: Milan out of Europa League

Milan have officially withdrawn from next season’s Europa League after reaching an agreement with UEFA over Financial Fair Play.

A Court of Arbitration for Sport (CAS) statement reads: “The Court of Arbitration for Sport (CAS) has issued a Consent Award embodying the agreement reached between AC Milan S.p.A and the Union of European Football Associations (UEFA) concerning breaches of the UEFA Financial Fair Play Regulations by the Italian club.

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NEWS
Monday June 17 2019
Berlusconi: 'Milan didn't hire professionals'

Silvio Berlusconi has blamed not Yonghong Li, but Marco Fassone and Massimiliano Mirabelli for Milan’s failure. “I thought he’d hire real professionals.”

The brief spell under the Chinese businessman was disastrous, because he failed to keep up with loan repayments and the club was effectively repossessed by US hedge fund Elliott Management.

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NEWS
Monday June 10 2019
Milan lost €413m over five years

The Corriere dello Sport analysed Milan’s finances and warned they’ll reach June 30 running at a €100m loss for this year alone, €413m over five years.

As the Rossoneri await the verdict of their appeal against the Financial Fair Play penalties, with another UEFA case ready to go for even more violations, the situation remains extremely unstable.

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BLOG ITALIA
Friday May 31 2019
Milan dragged into modernity

Rather than downsizing of ambitions, fans should see the Ivan Gazidis revamp as dragging Milan into becoming a modern football club, writes Richard Hall.

A new era is emerging for the Rossoneri and it doesn’t include Gennaro Gattuso or Leonardo. Milan CEO Ivan Gazidis has moved on behalf of Elliott Management to make sure the club operate with a new philosophy, even if it is based out of necessity. There will be no more big transfer fees, there will be a concerted effort to balance the books and there will be a focus on youth. Whilst this might be an unfortunate situation for the red and black half of the city, it could just perhaps be the making of them.

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NEWS
Wednesday May 29 2019
Gazidis: No more big names

Ivan Gazidis has asserted that the days of Milan splashing out on big names are over. “There have already been enough illusions and lies.”

Elliott Management took control of Milan last summer after Li Yonghong defaulted on the loan he borrowed from the hedge fund to buy the club, with Gazidis brought in as CEO shortly after.

“Elliott’s vision is clear: to take away the financial burden from Milan and put them back in the right direction, letting them grow and making them a modern club,” he continued to Gazzetta dello Sport.

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NEWS
Thursday March 7 2019
Arab group to invest in Milan?

A group of Arab investors could reportedly purchase a stake of no more than 30 percent in Milan. 

According to Gazzetta dello Sport, Elliott Management offers Milan ‘guarantees’ and ‘has the strength’ to run the club by themselves.

Nonetheless the newspaper claims an unnamed Arab group is considering whether to invest in the Rossoneri.

The deal would see Elliott remain in control of the club and benefit from splitting costs with the fund, as well as any cash injections in the future.

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NEWS
Wednesday February 27 2019
Galliani: 'Milan now with Milanisti'

Former Milan CEO Adriano Galliani maintains the club has “come back into the hands of Milanisti,” which was not the case under Yonghong Li.

Silvio Berlusconi controlled the club for 31 years with Galliani as his right-hand man, but sold it to Chinese investor Yonghong Li in April 2017.

When he defaulted on a loan used to buy the club, it was essentially repossessed by US hedge fund Elliott Management.

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NEWS
Sunday February 24 2019
Milan cling on to Gattuso

Gennaro Gattuso could be offered a new contract by Milan owners Elliott Management if he gets them into the Champions League, claims the Corriere della Sera.

Up until now, the reports had been consistent that the Coach would be axed if he failed to finish in the top four.

Following a remarkable run of results and the transformation of the side with January buys Krzysztof Piatek and Lucas Paqueta, the situation has changed.

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NEWS
Wednesday February 6 2019
'Elliott a blessing for Milan'

International Champions Cup chief and Milan fan Charlie Stillitano believes Elliott Management has been a ‘blessing’ for the club.

There were fears Elliott would treat Milan as an asset after Li Yonghong defaulted on his loan to buy the club, but the American hedge fund has since brought stability to the Rossoneri and splashed out on the likes of Lucas Paqueta and Krzysztof Piatek.

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