Milan News

President Yonghong Li shocked the Rossoneri fans when he abruptly interrupted negotiations with Commisso for AC Milan’s sale. Now the parties are closer then ever.  Negotiations have resumed and the parties are optimistic about closing a deal soon. According to Reuters, the American billionaire Rocco Commisso values AC Milan club at 500 million euros including debt (308 million euros), sources close to the deal have confirmed. Just one year ago Yonghong Li bought the Italian giants from Silvio…

Yesterday was a sad day for the Rossoneri with UEFA deciding to ban AC Milan from Europa League for one season and hours earlier president Yonghong Li interrupted negotiations for the sale of the club to billionaire Rocco Commisso. In a short interview for America Today, for the first time, media mogul Commisso commented on the matter confirming that negotiations will continue “but only on my terms and I would never accept being a minority shareholder.” “The negotiations to…

Following UEFA’s decision to ban AC Milan from playing Europa League for one season the Rossoneri explained their position through an official statement. Perhaps many were expecting a more severe punishment but still a one year ban from European competitions is a considerable economic damage for the club and a horrendous hit for the image of the club. The Rossoneri will appeal this decision in the coming days the club has confirmed. Our official statement…

American businessman Rocco Commisso was about to buy AC Milan today but in the last minute current owner Yonghong Li changed his mind. Today was supposed to be the last day of negotiations between AC Milan president Yonghong Li and billionaire Rocco Commisso for the sale of the club. Unexpectedly the Chinese businessman interrupted everything and is reportedly trying to find the 32 million euros he should pay to Elliot by next Friday. But what was Commisso’s strategy…

Even thought it was expected it’s still a big hit. AC Milan have been banned from Europa League by UEFA reveals Premium Sport. According to Carlo Pellegatti, journalist of Premium Sport, UEFA is expected to officially announce its decision on AC Milan in the coming minutes but the governing body of European football has already communicated to the Rossoneri what the ruling will be. It will become public shortly but AC Milan will be excluded from…

Uncertainty about the future of AC Milan regarding the participation or not in Europa League and especially about who will be the owner of the Rossoneri has created a very tense and complicated around the club. Not surprisingly, reports Sky Sports, many agents and representatives of the players who are currently under contract with AC Milan are beginning to make public their concerns. It is not so much the ‘no’ to European competitions that puts everyone…