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The reign of Elliot at AC Milan has just began. The American fund is already at work trying to change the managerial structure of the club. AC Milan is about to have a restyle, after having changed ownership, it could/should also renew the management. As reported by the current edition of La Gazzetta dello Sport, the condition of the Rossoneri leaders remains the most difficult to frame. In the shareholders meeting scheduled for Saturday, July…

A new partner is expected to join Elliot Fund in the management of AC Milan club.  Italian businessman Riccardo Silva and the Elliott fund are evaluating the hypothesis of allowing the Milanese entrepreneur to join the new AC Milan of Elliot with a minority share of between 5 to 20%. Thus begins the long article written by the colleagues of Milano Finanza. The Italian tycoon has been considering the idea of joining the Rossoneri club…

Now it’s official. Paolo Scaroni will be the 23rd president of AC Milan. He will succeed Yonghong Li, who lost control of the Rossoneri club in favor of the American fund Elliott a few days ago. But who is Paolo Scaroni? He was born in Vicenza in 1946 and graduated in economics and commerce at the Bocconi University of Milano. He later obtained a master’s degree in business administration from Columbia University in New York….

If you are expecting AC Milan to be sold soon you’ll be left disappointed. Elliot aims to remain owner of the Rossoneri for at least one year. The press release of Tuesday evening, with which Elliott announced that it had become the new owner of AC Milan, explained perfectly what the intentions of the American fund are: in particular, we are talking about a “long-term” project to relaunch AC Milan club and try to bring…

In the first minutes that Elliot became the new owner of AC Milan club the fund initiated a cleansing campaign with the entire board of Rossoneri Sport Lux (the company that owns Milan) being fired and replaced immediately by new managers. Now it’s time for changes to follow at club level. It’s no secret that the Americans never liked the work done by Marco Fassone and Massimiliano Mirabelli with the Italian duo at high risk…

With the passage of AC Milan club in the hands of Elliott, the debt of the Rossoneri will be nullified and there will be a single owner that will guarantee the business continuity of the club. Meaning that we will hardly see Milan get sold any time soon. According to reports by Il Corriere della Sera, the hope of the new management is that these two moves can be useful in the appeal to the…