Elliott Management Archives - Page 3 of 3

American billionaire makes Milan offer

Posted on March 4, 2020March 4, 2020 by Rossonero

American billionaire Dan Friedkin is the latest to show interest in AC Milan club but his rich offer was rejected by Elliot Management. In January, a report by journalist Luca Serafini claimed that AC Milan owner Elliot Management had agreed to sell the club to French billionaire Bernard Arnault. The agreement was supposed to become official after the approval of the new stadium project by the Milano town hall. The Arnault family have continuously denied…

Zvonimir Boban set for imminent sacking

Posted on March 2, 2020March 2, 2020 by Rossonero

Elliot has decided the imminent sacking of AC Milan chief football officer Zvonimir Boban for just cause. Deep fracture within AC Milan’s leadership, the scenario is now known. On one side is Ivan Gazidis, on the other there are Zvonimir Boban and Paolo Maldini. Rumors of high tension within the club had been around for some time, but it was Boban’s recent interview to confirm everything. The motive that mostly caused irreparable damage was Gazidis’…

Elliot set to sack top AC Milan executive

Posted on February 8, 2020February 10, 2020 by Rossonero

AC Milan owners Elliott Management are not pleased with the season of the Rososneri so far. All under scrutiny, Maldini, Boban and Ivan Gazidis. Nobody can relax or think they have their place guaranteed in today’s AC Milan, especially if the squad fails to reach a vital qualification in European competitions. AC Milan owners Elliott Management do not deny the possibility of a new internal revolution with Ralf Rangnick continuing to be linked with the Rososneri. ….

The cold war that is taking place at AC Milan

Posted on November 4, 2019November 5, 2019 by Rossonero

The AC Milan management is involved in an inner cold with Boban and Maldini exchanging accusations with club owner Elliot. The situation inside AC Milan is more delicate than expected. The Rossoneri club are trying to get out of a complicated moment like few other times in their past. The results are lacking, the choices on the summer transfer and coaches do not seem to pay off, without forgetting the budget in red that weighs…

Elliott’s plan for the future of Milan finally revealed

Posted on November 4, 2018November 11, 2018 by Rossonero

In July 2018 Elliott Management Corporation became the official proprietor of AC Milan club but the intention of the American owners is not to stay for long. A few days ago AC Milan News reported that Czech billionaire Daniel Kretinsky had offered 600 million euros to acquire the Rossoneri from Elliot Fund. A very tempting offered that would have allowed Elliot to make a profit despite holding the club only for a short time. But still the Americans…

European billionaire offers € 600 million for Milan

Posted on November 1, 2018November 1, 2018 by Rossonero

Despite the not so brilliant recent years the AC Milan brand remains one of the most wanted on the market and millionaire offers are not missing. Elliott Management Corporation does not intend to sell the Rossoneri club at least for a few years. From the beginning, when the Americans took control of the club, the new owners stated their desire to set up a medium-long term project to bring AC Milan back on top. There…

50 Days of Elliott: here’s how Milan changed

Posted on September 10, 2018September 10, 2018 by Rossonero

Exactly 50 days have passed since that rainy 21 July in Milan, when the fate of the Rossoneri club and the end of the Chinese era were decided inside the halls of Via Aldo Rossi. The Board of Directors decreed the farewell of Yonghong Li and his partners while Elliott Management through debt enforcement automatically took control of the club starting a new era, immediate and with big expectations for the future. In 50 days…

Fassone’s plan to repay Milan’s debt

Posted on October 11, 2017October 11, 2017 by Rossonero

Despite AC Milan’s questionable economic situation concerns have never emerged from the club, fully confident in their project. The situation of AC Milan is well known: by October next year, the club and Rossoneri Lux (controlling the majority stake) will have to repay the 303 million euros (plus interest) lent by Elliott Management Corporation, the US fund that in Spring helped Yonghong Li to acquire the rossoneri. 180 million went to Rossoneri Lux for the closing…

Fassone, mission in the East, ready to launch Milan China

Posted on October 3, 2017October 3, 2017 by Rossonero

Decisive days for the future of AC Milan, on and off the field. Fassone is about to embark on an important travel to China to secure new financial resources for the club. While in Milanello a careful technical analysis is needed regarding AC Milan’s recent results, with confidence in coach Vincenzo Montella still intact, the club’s financial destiny is decided on the other side of the planet. The coming days are extremely important for the…

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