Rossoneri Round-up for 27 June: Rocco Commisso’s deal to buy Milan from Li reportedly off

Oh for crying out loud.

The reported sale of Milan from Yonghong Li to American business magnate Rocco Commisso is off.

Yeah, so apparently Li changed the terms of the deal at the last minute, angering Commisso and leading to the American walking away from the deal. Li reportedly thinks he can get the €32 million to pay back Elliott Management by 6 July, and so instead of simply taking the money that Commisso was offering, the sale is now off. The deal was reportedly €500 million and taking on the €380 million debt to Elliott. and Li is rumoured to have wanted to keep a 25% stake of the club, instead of a stake between 15-20%, which was untenable to Commisso.

So what is Li’s endgame here? Who knows. The deal that Commisso offered for Milan was probably the best that Li would get, and considering the negotiations had reportedly been going on for approximately 40 days, for Li to suddenly change the deal at the 11th hour is mind-boggling.

None of this makes any sense, but then again, the sale to Li didn’t make any sense in the first place as well.

On to the links.

AC Milan and Italian Football Links

Valencia’s Joao Cancelo has arrived at Juventus ahead of a €40 million move. [Football-Italia.net]

Milan will reportedly learn what sanctions UEFA will levy against them today. [Football-Italia.net]

Mario Pasalic is reportedly close to a move to Fiorentina. [Viola Nation]

World Football Links

Should England rest, er “rotate,” players against Belgium? [BBC.com]

Danny Rose is now willing to have his family come to Russia. [BBC.com]

A look at Athletic Bilbao’s next great generation. [Inside Athletic]

After Argentina found their way against Nigeria, is Ever Banega the key to getting Lionel Messi into the game? [Sky Sports]

West Ham United are apparently ready to move on from former Leeds fullback Sam Byram, so will he make a return to Leeds? [Through It All Together]