AC Milan 2017/18

How Milan could afford all the transfers this summer, as explained by a reputed Italian economics expert -
SITUATION - Milan, to date, has no debts: all existing debts have been cleared at closing time. Those who have debts are the Rossoneri Sport Investment in Luxembourg, the company that controls 99.9% of the club's shares. The company has asked for a $ 320 million loan to the Elliott fund to buy the club. If no new sponsors arrived, however, Milan could have problems with liquidity: Fassone, in order to protect himself, is considering negotiating a credit line with the Goldman Sachs bank.

PURCHASES - The total cost of the ten purchases this summer amounts to 240 million. Deals for players bought from Italian clubs (Conti, Kessiè, Biglia, Bonucci) are payable in three years. The real outlay, therefore, is about 50 million, but is intended to rise in the event of a marquee singing coming from abroad, where the payment is made immediately and without re-commissioning.

DEADLINES - Within just over a year, Yonghong Li will have to return the 320 million to the Elliott fund. One solution could be the listing of the club on the Hong Kong Stock Exchange, but that might be a problematic solution. For this reason, it is crucial to qualify for CL, but also to seek new sponsors. Fassone could replace Elliott's loan with a long-term bank loan. Otherwise, Yonghong Li will be forced to sell Milan's shares to the Elliott fund, which will become the owner.

ELLIOTT - Elliott's goal is to buy companies in crisis to sell them better: the purpose of the fund is not to take over Milan, but to keep the team competitive so as not to devalue it.

BLOCKED FUNDS - Another possibility is that the limitations of the Chinese government, which block a considerable chunk of Yonghong Li's wealth, will shrink, become less rigid and severe, and releasing new resources, allowing the businessman to invest his own money heavily into the club.
 
Carlos Bacca, José Sosa and Gabriel Paletta have been left out of Milan's squad for the return leg of their qualifying game tonight against Universitatea Craiova. Milan lead the tie by 1 goal, thanks to Ricardo Rodriguez. André Silva will probably make his full debut tonight.
 
Normally buying several players in one window and putting them together is a huge gamble and can backfire badly. But what encourages me is they have built a solid foundation at the back and have a solid spine combining youth and experience. As others have said adding Morata/Aubamayang would be the icing. Would like to see them topple Juve this season, they are a sleeping giant and I've always preferred them since the corruption scandal in 2005.

it was in 2006 and what you called corruption scandal involved Milan well beyond Juve , the only difference being that their president was also head of government and they managed to convert relegation into penalty points.....talking about corruption, you might want to find a better reason to support them
 
it was in 2006 and what you called corruption scandal involved Milan well beyond Juve , the only difference being that their president was also head of government and they managed to convert relegation into penalty points.....talking about corruption, you might want to find a better reason to support them
Thanks, that is informative. I've only heard bad things about Burlesconi to be fair, and wouldnt call myself a Milan fan, would just be nice to see them back competing. The italian clubs I particularly dislike are Roma and Lazio though, for obvious reasons.
 
Thanks, that is informative. I've only heard bad things about Burlesconi to be fair, and wouldnt call myself a Milan fan, would just be nice to see them back competing. The italian clubs I particularly dislike are Roma and Lazio though, for obvious reasons.
uhhhhh what he said is BS. Berlusconi is a grade A turboCnut, a truly disgusting human being, but he had nothing to do with calciopoli and the reason milan were punished with a points deduction is because the entire case against them was ONE phone call, from a low-standing employee, complaining about the refs in one game and saying "next time tell the linesmen when in doubt they should keep their fecking flags down" and claiming Galliani was with him at the moment

Juventus gave refs swiss phones among other things
 
uhhhhh what he said is BS. Berlusconi is a grade A turboCnut, a truly disgusting human being, but he had nothing to do with calciopoli and the reason milan were punished with a points deduction is because the entire case against them was ONE phone call, from a low-standing employee, complaining about the refs in one game and saying "next time tell the linesmen when in doubt they should keep their fecking flags down" and claiming Galliani was with him at the moment

Juventus gave refs swiss phones among other things


you are not well informed or probably you have no desire to be, and if there is one that writes BS it is you with a very deceptive and undocumented post.
Milan as well as Inter, and actually even more than Inter and definitely more than Juve were guilty (as well as many other serie A teams BTW) of phoning referee designators clearly to influence them. That was a really bad habit that at the time was not forbidden but definitely improper. Milan was actually caught red handed with a person in its own club in charge of cultivating referee relationships, the famous Meani. Inter at the time was not involved simply because its phone calls were hidden by the cover up organised by the people who managed the enormous amount of phone tapping (working with TIM phone operator that was owned by one of Inter board members). THey were found out later when the statute of limitation made them non usable and when the League prosecutor said that had they been available at the time they would have penalised Inter at least as much as Juve. On the contrary they stole a title and several top players including Ibra that set the base for they winning run.

It is worth mentioning that Milan was intercepted well over one time and they also organised meetings with referee Collina that are well documented. The referee designators mentioned early in the investigation that not only Juve management called them but most teams and particularly Inter and Milan, but obviously there was no interest in looking into the conduct of those clubs.
The only reason why Milan managed to escape relegation was its political power along with the fact that the whole investigation had been built with one clear target, but ehi do not take my word for it check this Milan blogger,'s post, that was reposted by a fellow redcafe member and that explains with facts not lies and omissions what happened.

http://www.milanobsession.com/2014/07/calcios-greatest-shame.html?m=1

I am sorry for the long post but the hypocrisy of Inter and Milan fan in particular is something that never ceases to amaze me. It is ok that they got away with murder but that they take the moral high ground it is frankly ridiculous.
 
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Thanks, that is informative. I've only heard bad things about Burlesconi to be fair, and wouldnt call myself a Milan fan, would just be nice to see them back competing. The italian clubs I particularly dislike are Roma and Lazio though, for obvious reasons.
I think that Milan come back is good for serie A and therefore for Juve too. So apart from the obvious rivalry and the hope they win nothing for a few more years, I believe a more competitive league is better for everybody. I just cannot stand the lies and hypocrisy that Milan teams fans and newspapers have spread around to gain improper advantages despite terrible management
 
its ironic that juventus have had their most extensive period of domestic dominance since coming back from relegation.

The milan clubs have been run shockingly.
 
you are not well informed or maybe you have no desire to be
I'm informed insofar as the initial investigation and court ruling is concerned. What happened afterwards didn't particularly interest me. Milan weren't punished as heavily as juventus because the case against them involved that one call, only. Not because of Berlusconi. Berlusconi was and is as corrupt as hell, but he had nothing to do with calciopoli.

Later findings have little bearing on the case itself, except to prove how farcical it all was. Also phoning the designators WAS against the rules

as for juventus guilt in all this, i don't need calciopoli. I have eyes
 
its ironic that juventus have had their most extensive period of domestic dominance since coming back from relegation.

The milan clubs have been run shockingly.
Berlusconi didn't want to invest anymore and Moratti thought to have reached the sky after winning the treble in 2010. Both teams needed a massive overhaul.
 
I'm informed insofar as the initial investigation and court ruling is concerned. What happened afterwards didn't particularly interest me. Milan weren't punished as heavily as juventus because the case against them involved that one call, only. Not because of Berlusconi. Berlusconi was and is as corrupt as hell, but he had nothing to do with calciopoli.

Later findings have little bearing on the case itself, except to prove how farcical it all was. Also phoning the designators WAS against the rules

as for juventus guilt in all this, i don't need calciopoli. I have eyes

Later "findings" were not concerning Milan but Inter, it is very convenient to ignore them. Calling the designators was not against the rules before 2006, they introduced an explicit regulation afterwards. Milan reps called and pressured the designators as anyone else not considering the media dominance that the Berlusconi group had which resulted in positive coverage of all what concerned Milan, including the downplay of Milan involvement that was not different and actually in many aspects worse than Juve. Berlusconi had power and he did not need to call the prosecutors or the league which he probably did anyway, the double standards used is so clear that even a milan fan in good faith described it better than I do. The concept that Milan was innocent and called only once while dominating the league and managing it thru Galliani for decades and having by far the strongest media and political power clout is so ludicrous that just a blind fan can believe that.

As for the eyes LOL, we know very well your fan eyes that only want to see and hear what they like and ignore what they do not.
 
Finally, Biglia and Bonucci are part of the group, past the last bureaucracy, after the formalities of sureties deposited last weekend in the League. Bonucci and Biglia, the two tops captures of the market are now fully available to Montella, who will be able to deploy them for the first time in an official game: Thursday, August 17, against the Macedonians of Shkendjia .

Carlos Bacca will be transferred to another club. So there are 2 spots left in the team roster, and Milan has 10 days until August 17 to get the name / names of one or two new players (attackers). It is now up to Fassone and Mirabelli, as the search for new strikers is tightening to the point of having to close a deal within the next ten days.

THE LIST OF 30
And here are the two lists of players for the Europa League. List B (7 players) includes those raised in the primavera.

List A:
Abate, Antonelli. Billa, Bonaventura. Bonucci, Borini, Conti, Calhanoglu, A. Donnarumma, Gomez, Kessie, J. Mauri, Montolivo, Musacchio, Niang, Paletta, Rodriguez, Romagnoli. André Silva, Sosa, Storari, Suso, Zapata.
List B: Calabria, Cutrone, G. Donnarumma, Cage, Guarnone, Locatelli, Zanellato.
 
AC Milan have set a new record attendance for UEFA Europa League qualifying with 65,763 spectators watching their third qualifying round second leg against Craiova.

Highest attendances in play-offs/qualifying
1: 65,763
– AC Milan 2-0 Craiova, 03/08/17, third qualifying round second leg
2: 65,190 – Borussia Dortmund 5-0 Wolfsberg, 06/08/2015, third qualifying round second leg
3: 64,200 – Borussia Dortmund 7-2 Odd, 27/08/2015, play-off second leg

Highest attendances in the UEFA Europa League
1. 80,465
– Tottenham Hotspur 2-2 Gent, 23/02/2017, round of 32 second leg
2. 75,180 – Manchester United 1-1 Liverpool, 17/03/2016, round of 16 second leg
3. 73,063 – Manchester United 4-1 Fenerbahçe, 20/10/2016, group stage

Source:
http://www.uefa.com/uefaeuropaleagu...ague/news/newsid=2490678.htmlsid=2490678.html
 
AC Milan have set a new record attendance for UEFA Europa League qualifying with 65,763 spectators watching their third qualifying round second leg against Craiova.

Highest attendances in play-offs/qualifying
1: 65,763
– AC Milan 2-0 Craiova, 03/08/17, third qualifying round second leg
2: 65,190 – Borussia Dortmund 5-0 Wolfsberg, 06/08/2015, third qualifying round second leg
3: 64,200 – Borussia Dortmund 7-2 Odd, 27/08/2015, play-off second leg

Highest attendances in the UEFA Europa League
1. 80,465
– Tottenham Hotspur 2-2 Gent, 23/02/2017, round of 32 second leg
2. 75,180 – Manchester United 1-1 Liverpool, 17/03/2016, round of 16 second leg
3. 73,063 – Manchester United 4-1 Fenerbahçe, 20/10/2016, group stage

Source:
http://www.uefa.com/uefaeuropaleagu...ague/news/newsid=2490678.htmlsid=2490678.html

hopefully they can improve it next year :cool:
 
THE NUMBERS
11 - Players bought this summer

3 - Players renewed contracts

80 - millions of euros in sureties that Milan has deposited in the league last month

0 - The Euros that Milan has as debts to the banking system

0 - Euros of advances for new loans from the date of closing

130 - the millions that Milan has asked as funding from the Elliott fund, to be repaid by October 2018

236 - the millions related to balance of last season

263 - the millions of revenues planned for this season

84 - the millions of capital increases. Deliberated and signed after the closing
 
Milan's CEO , Marco Fassone , released an interesting interview with Observer, where he spoke of his entry into the company, the situation of the club, and of the goals for the coming seasons. "I came into the project with some doubts at first because I wanted to understand exactly what the Chinese would want to do and because they wanted to invest so much - Fassone unveiled - It was important for me, as a European, to understand the vision that Chinese entrepreneurs had, to have a dream behind them."

"When a new business starts, there are a couple of years where we are going to suffer losses . This year and next year we have expected losses for the club and Mr. Li will take care of it. We will make capital increases and put money in the club. Do not forget that this is the most expensive investment in Europe after the transfer of the Manchester United property. They hope in two or three years to increase the value of the club to twice as much as that which they have paid".

"The goal that our owners have given us is to return to the Champions League, they know that this is a sporting and economical necessity, that this changes the life of a club, especially in Italy, because the revenue is really impressive. Because this is the first season where Italy will have four clubs so the goal is difficult but not impossible. "

"We are already working to repay the loan to Elliott and we will do it very soon, possibly in early 2018," Fassone continues. "The interest rate that Milan is paying on the 120 million is high, of course, but not terrible. See interest on double-digit loans, is a completely normal thing. In the worst case scenario, and I say so because many fans and investors ask me forever, it would mean that in October 2018 the owner of Milan would become the Elliott Fund . "

"This is the worst scenario - says Fassone right away, the future of the club is not wrapped in fog. 99% it will go ahead with Yonghong Li and hope our project is successful. In the worst case, it's fine because Elliott is not a 'desperado', but one of the largest investment funds in the world that could keep the club or resell it. They would pay just 300 million, a very low price, and they could make a deal, which is their job. "

Closing on the Pharaonic Summer Market and Financial Fair Play : "As you can imagine, I have a Plan A and Plan B. I have presented a more conservative plan to UEFA , which shows progress even if the club is out of the Champions League for the next season. In that case, my investment in the market will not be high, and we should consider the hypothesis of selling one of our top players. I and the investors want to get to the Champions League, but we have to be prepared if it does not happen. This is not a property that just came to speculate on Milan, as has happened to other companies in Italy ... This property wants to make the club big again and is investing its own money. "
 
THE NUMBERS
11 - Players bought this summer

3 - Players renewed contracts

80 - millions of euros in sureties that Milan has deposited in the league last month

0 - The Euros that Milan has as debts to the banking system

0 - Euros of advances for new loans from the date of closing

130 - the millions that Milan has asked as funding from the Elliott fund, to be repaid by October 2018

236 - the millions related to balance of last season

263 - the millions of revenues planned for this season

84 - the millions of capital increases. Deliberated and signed after the closing

Milan got well over 300 Millions from Elliot at a 11% interest rate, if they do not pay it back By end of 2018, Elliot becomes the new owner
 
The 19-year-old Patrick Cutrone is the youngest player to have scored at least 2 goals in the top five European championships this season, in which he has already scored 4 goals in 6 official games.
 
Suso, meanwhile, is about to get a renewal. His agent met with the club this morning. The offer presented is 2.5m/year while he is demanding 3.5m/year.
 
The defence didn't look too comfortable last night but I reckon that will be remedied when Romagnoli returns and the team reverts to 3 at the back.
 
The defence didn't look too comfortable last night but I reckon that will be remedied when Romagnoli returns and the team reverts to 3 at the back.

I agree also because Bonucci is good technically to pass the ball but is very average as marker, yesterday he had conceded a penalty if the referee was not asleep. At Juve he has had his best games when we played with a 352.
 
Mbaye Niang is moving to Torino for 16m(14 + 2 bonus) in a loan deal with an obligation to buy.

Fassone and Mirabelli had already reached agreement with Spartak Moscow for more than 20 million, but the player refused to go to Russia. He also submitted a medical certificate to justify his absence in training until 31 August due to stress caused by the transfer market(:confused:).
 
Mbaye Niang is moving to Torino for 16m(14 + 2 bonus) in a loan deal with an obligation to buy.

Fassone and Mirabelli had already reached agreement with Spartak Moscow for more than 20 million, but the player refused to go to Russia. He also submitted a medical certificate to justify his absence in training until 31 August due to stress caused by the transfer market(:confused:).

Its a new one but imagine your employer trying to force you at short notice to take your family to go and live in a country you have no desire to go to. He probably wants to be keep out of the way of the suits in Milan trying to talk him into it.
 
Mbaye Niang is moving to Torino for 16m(14 + 2 bonus) in a loan deal with an obligation to buy.

Fassone and Mirabelli had already reached agreement with Spartak Moscow for more than 20 million, but the player refused to go to Russia. He also submitted a medical certificate to justify his absence in training until 31 August due to stress caused by the transfer market(:confused:).

If they ship you out to Russia without your consent I'd be stressed out. Lol
 
Milan got well over 300 Millions from Elliot at a 11% interest rate, if they do not pay it back By end of 2018, Elliot becomes the new owner

I guess Elliot would be happy not to be repaid :angel:
 
Its a new one but imagine your employer trying to force you at short notice to take your family to go and live in a country you have no desire to go to. He probably wants to be keep out of the way of the suits in Milan trying to talk him into it.

Niang looks quite unstable... When Mihajilovic was coach of AC Milan he had a good season, perhaps looking for a "safe harbour"
 
I guess Elliot would be happy not to be repaid :angel:
yes for sure, Milan is definetly worth more. There is no risk they go bankrupt but there is that they will have to sell players if they do not get into CL
 
They had a overrated summer window. They did well in buying Biglia, Bonnuci, Ricardo Rodriguez and André Silva but they're not players who can make a big impact on their own (A.Silva may be at some point though) their defense still looks terrible and they really should have tried harder to get a world class striker. They need to get champions league football back to atract top players, long gone are the days when players joined just because of the history of a club...
 
Montella is not the best manager. Their window was good, but i think that Montella doesnt get the best ouf of them. Romagnoli, Bonaventura and Andre Silva on the bench i dont understand. Borini should be nowhere near the starting lineup. Cutrone is still only 19, i dont know if it wouldnt be better to start with Kalinic or Andre Silva. I would change the tactic and play with 2 strikers in a 532. But a lot of players are new and need to gel, main objective should be to reach the CL and get better players in the next summer to rebuild further.