AC Milan president Yonghong Li is negotiating the sale of the club to the Ricketts Family. Here’s everything you need to know about our soon-to-be new owners. According to Forbes, the Ricketts family, headed by Joseph Joe, is the sixty-sixth richest family in America with an estimated $ 2.4 billion worth of assets. The head of the family founded the online brokerage firm Amitrade in 1995. In 2006 he bought the TD Waterhouse for 1.7…
Read More
Sensational flop by Yonghong Li, AC Milan president has not paid 32 million euros of capital increase. Elliot fund will now pay the entire sum and possibly become new owner of the club. President Yonghong Li has failed to provide the necessary 32 million euros. The Chinese businessman had time util 17:00 today to complete the payment but he failed to meet the deadline. Now it’s up to Elliot to inject the 32 million and…
Read More
In recent days we had reported that American businessman Thomas Ricketts was considering buying AC Milan club from Yonghong Li. The owner of Chicago Cub, together with his family, are apparently in advanced negotiations and a deal is close to being complete. The Ricketts Family confirmed everything through an email for Andrea Montanari: “The Ricketts Family (not just Tom) are interested in buying a majority stakehold of AC Milan. The entire family are involved similar to their ownership with the Chicago Cubs. The Ricketts family won a championship with the Cubs thanks to…
Read More
President Yonghong Li is about to lose the ownership of the club having failed to pay 32 million euros of capital increase. Yonghong Li, president and owner of AC Milan club, has failed to pay 32 million euros of capital increase. The Chinese businessman had time till 17:00 today to send a check but MilanNews.it confirms that the money transfer has not happened. Now CEO Marco Fassone will send a request to Elliot Fund to make the 32…
Read More
He failed to make an impact initially but since Gennaro Gattuso took over at the club Hakan Calhanoglu became one of the best performers of AC Milan. In his first year at San Siro the Turkey international scored 8 goals and provided 13 assists in 45 appearances. His display in the second part of the season has drawn attention from many European clubs with the Red Bull Leipzig being the most interested club in his services….
Read More
It’s a crucial day for the future of AC Milan. The club is vary close to changing ownership with Han Li in USA to close the operation. Until 17:00 today, president Yonghong Li must deposit 32 million euros necessary to complete the capital increase. Otherwise CEO Marco Fassone will automatically request the intervention of Elliot. In this case the American fund will become the new owner of AC Milan club, something that the Chinese are trying…
Read More
Although the Rossoneri are still waiting to know what will happen to their European perspective Mirabelli is more active than ever on the transfer market. Despite problems with UEFA, Massimiliano Mirabelli continues his work on the market as usual. Now the sporting director has closed the purchase of two highly promising youngsters from Standard Liege. The two young prospects were yesterday in Casa Milan to sign long-term contracts with the club. The first is Lillo Guarneri, 16-year…
Read More
AC Milan seem to be very pleased with the services of Hakan Calhanoglu and are looking to add another Turkish player in their ranks. Yusuf Yazici is the new name on AC Milan’s orbit. According to Turkish portal Haberturk, the Rossoneri are considering the purchase of the 21 year old attacking midfielder. The Red and Blacks will have to battle city-rivals if Inter and Hannover for the signature of Yazici. The talented Turkey international plays for Trabzonspor and has…
Read More
If UEFA wasn’t enough now AC Milan must also deal with a Suso situation and his agent’s provocative proposal to Inter. Reports emerged last night that Inter had set theirs sight on AC Milan’s right winger Jesus Suso. The Nerazzurri’s sports director Piero Ausilio had met with the Spaniard’s agent recently and were preparing an official offer for AC Milan. However the Red and Blacks did appreciate such a move. According to Premium Sport, Milan are…
Read More
AC Milan continue to negotiate the signing of Max Meyer. The German international has rejected other proposals and waits for the Rossoneri. Transfer market expert Gianluca Di Marzio through his Twitter profile revealed that Max Meyer and his entourage have hefty economic demands: Asked why Parisi (representative) meet with Mirabelli, Di Marzio replied: “To understand if AC Milan want Meyer. But his demands are: 4.5 million euros per year, 5/6 million for the signature (signing…
Read More