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AC Milan in desperate need of a buyer

Posted on 7/11/18 at 8:58 am
Posted by SeeeeK
some where
Member since Sep 2012
28081 posts
Posted on 7/11/18 at 8:58 am
When ur business or club is bought up, or taken over by a hedge fund/management group, you better hope they are sold quickly, or they will sell off shite to make profits. Their #1 job is to make profits for their stock holders/boards.

Also, lol at the Milan fan/s on here who thought this Asian Dude was their Golden ticket(sugar daddy). Just ask Malaga about Sugar Daddies.

LINK

yikes

quote:

Elliott's statement added: "Having assumed control, Elliott's vision for AC Milan is straightforward: to create financial stability and establish sound management; to achieve long-term success for AC Milan by focusing on the fundamentals and ensuring that the club is well-capitalized; and to run a sustainable operating model that respects UEFA Financial Fair Play regulations."


Which means sell off players to make $$$.
Posted by Michael Stein
Baton Rouge
Member since Aug 2016
1906 posts
Posted on 7/11/18 at 9:11 am to
Yep. We’re seeing a similar thing in MLS right now with Precourt and the Columbus Crew debacle. These hedge fund managers generally don’t care one bit about the long-term stability of the club. They’re gonna try to make a quick buck then GTFO, future be damned.

Hopefully they don’t have to go through full liquidation and administration.
Posted by Dumpster
Member since Jul 2011
1339 posts
Posted on 7/11/18 at 9:29 am to
quote:

Which means sell off players to make $$$


Hakan Çalhanoglu to SCH’s beloved RB Leipzig confirmed
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
83941 posts
Posted on 7/11/18 at 9:57 am to
I used to destroy fools on Winning 11 with AC Milan and Shevchenko.
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