Another day, another rumor about the state of the ownership at Milan.
Can this just be resolved already?
Reports suggest that unless Yonghong Li invests another €10 million in the club by next week that the ownership will be automatically transferred to Elliott Management, with the hedge fund either trying to balance the budget in order to flip the club or try and run Milan themselves.
For the sake of fans, players, and the staff of the club, hopefully Elliott Management doesn’t come in and start a fire sale to shed contracts to recoup the losses, but anything is possible at this point.
Here’s to clarity on the ownership struggles, one way or another.
On to the links.
AC Milan and Italian Football Links
World Football Links
FA claims Wembley sale could put as much as £1 billion into grassroots game. Didn’t they also promise that Wembley would be on time and on budget? [The Guardian]