Bank transfer not received, Elliott ready to take over from Yonghong Li. And this is just the essence of yesterday’s events of the last 24 hours. The US fund declared it had not received a refund for the 32 million euros from the Rossoneri president and that immediately after midnight it had started the procedures to take control of the club. Now everyone is expecting an official communication on the club’s future and by the…
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As it was expected AC Milan president Yonghong Li failed to repay the 32 million euros that Elliot injected two weeks ago as capital increase. According to last year’s loan agreement between the parties the American Fund can takeover the ownership of the club. La Stampa reports that Elliot is already working to take possession of AC Milan club. In fact, the US fund in Luxembourg has started the ownership transfer process which should last…
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Important news regarding the future of AC Milan. According to Carlo Festa of “Il Sole 24 Ore“, president Yonghong Li is currently in London looking for a last-minute solution for the reorganization of the Rossoneri club. The Chinese businessman has attended several meetings with some investment banks and he was also engaged with his advisors to further evaluate the offer of billionaire Rocco B. Commisso for the sale of Milan, as well as other proposals…
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It is a turbulent period on the corporate front with the future owner of club still a mystery but sporting director Massimiliano Mirabelli continues to work on the market like usual. After completing the signing of Pepe Reina, Ivan Strinic and Alen Halilovic, the Italian manager is hunting for a new striker. The guaranteed departure of Nikola Kalinic with Atletico Madrid as his next destination is about to free a new place in AC Milan…
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The strange silence of Yonghong Li keeps worrying Rossoneri fans. Where is the president who up to a week ago was negotiating the sale of the club with entrepreneur Rocco Commisso? After Mediacom’s patron announced the termination of negotiations, Mr. Li did not even bother to give a single statement on this issue. A silence that someone interprets as the prelude to a shotgun, while other sources hypothesize that Mr. Li is preparing to refund Elliott. The…
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Many thought that the Donnarumma soap-opera would continue even this summer, and initially it seemed so, but in recent months nobody has heard of Mino Raiola and his abnoxtious claims. Strangely enough it seems as if the 19 year old goalkeeper will remain at San Siro for next season despite Pepe Reina’s arrival. The signing of the Spanish goalkeeper was a cautious move by the Rossoneri management who believed to have found the right man…
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After just one year at San Siro, AC Milan left back Ricardo Rodriguez could be on the move again with several top clubs interested in his services. A season of absolute starter, with 59 appearances between Serie A, Italian Cup, Europa League and national team, and a World Cup unfortunately ended early in the round of 16 with his Switzerland suffering defeat against Sweden. The path of Ricardo Rodriguez in the 2017-18 season stopped yesterday,…
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The time is ending for Yonghong Li, the Chinese businessman has only two days left to sell the club or repay Elliot otherwise the American fund becomes automatically the new owner of AC Milan. And yet again Mr. Li continues to resist. According to Andrea Montanari of Milano Finanza, just a few hours before the deadline of 6 July, Yonghong Li last chance to pay back the 32 million euros of capital increase, negotiations for…
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AC Milan are about to close their first signing in attack according to claims from various Italian sources but he will not be the last striker to join the Rossoneri this summer. Simone Zaza is about to return in Serie A. According to Gazzamercato.it, the entourage of the 27 year old striker has reached an agreement with AC Milan, a four-year contract worth 2.5 million euros per season. Valencia have also approved this transfer, loan…
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Gustavo Gomez is leaving AC Milan to join Boca Juniors. The 25 year old departs the Rossoneri after just two seasons without leaving any trace. After two seasons and just 19 appearances in Serie A, the Italian adventure of Gustavo Gomez has come to an end. The Rossoneri were trying to offload the player since January but at the time it was impossible for Massimilinao Mirabelli to reach an agreement with interested clubs. Now, as…
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