Despite the recent troubles interest in AC Milan remains high with Rossoneri owners Elliot Fund receiving a tempting offer.
Until Sunday things didn’t look so good for AC Milan, on and off the pitch. The Rossoneri were battling with bad results following the derby defeat against Inter and the Europa League fiasco. Fortunately yesterday’s performance against Sampdoria has brought tranquility at Casa Milan. However someone wanted to exploit this situation.
After the chaos of the short Chinese era, the US fund Elliott Management came to the rescue of Milan and is currently managing the majority shares of the club. The Americans have shown great commitment and proximity, as demonstrated also by the often presence of co-owner Gordon Singer at AC Milan’s league games at San Siro.
Elliott’s idea is to lead Milan’s rebirth, both on the pitch and at commercial level, and then resell the shares in a few years, but not before giving fresh prestige to a recently declining brand.
In the meantime, today’s edition of La Repubblica reports interesting news regarding the future of the Red and Black club. Apparently, despite the difficult moment the Rossoneri were going through, suitors are not missing. In fact, in recent weeks an unnamed subject (quite likely a consortium) has made a nice offer to Elliot to buy their total shares.
Elliott however did not want to hear any of it and immediately replied with a cordial “no thanks”. The American fund confirms yet again the desire to continue at the helm of Milan and lead the renaissance of the Italian giants. The Singer family operates in the speculative sector, they tend to resell previously acquired assets for personal gain. But with Milan it seems that the sporting-commercial intentions are quite different.
