The Archive

July 2018

Marotta: ‘Higuain to AC Milan not done’
31.7 || webmaster

Juventus general manager Giuseppe Marotta responds “not really” when asked if Gonzalo Higuain’s move to Milan is done.

Marotta and Bianconeri sporting director Fabio Paratici met with the Rossoneri and Higuain’s agent today, as they look to put the finishing touches to an €18m loan with €36m option to buy.

Read the rest on Football Italia.

Bacca holds Milan summit
31.7 || webmaster

Carlos Bacca met with Milan today, as he tries to secure a return to Villarreal for the coming season.

The Colombian striker spent last season on loan in Spain, but the Yellow Submarine didn’t pay the €15m buyout clause to make the deal permanent.

Read the rest on Football Italia.

Higuain-Caldara-Bonucci: the finances
31.7 || webmaster

Juventus stand to make a profit of €41.5m on this year’s accounts if Mattia Caldara and Gonzalo Higuain leave, while Milan would only make a small loss.

The two clubs are working on a deal which will see Bonucci exchanged with Caldara, while Higuain joins Milan on loan for €18m, with a €36m option to buy.

Read the rest on Football Italia.

Higuain agent in AC Milan talks?
30.7 || webmaster

The agent-brother of Juventus striker Gonzalo Higuain is reportedly in Milan for talks with Rossoneri general manager Leonardo.

According to Sky Sport Italia, Leonardo met Nicolas Higuain on Monday evening with the intention of ‘convincing’ his sibling to sign for the Diavolo.

Read the rest on Football Italia.

‘No AC Milan offer for Samassekou, but…’
30.7 || webmaster

Red Bull Salzburg insist there have been no offers for Milan target Diadie Samassekou but accept ‘our players are wanted’.

Milan had been linked with a €10m swoop for Samassekou, whose contract expires next summer, but Christoph Freund made it clear such talk regarding the Salzburg midfielder was wide off the mark – for now.

Read the rest on Football Italia.

AC Milan meet Bernard agents
30.7 || webmaster

Milan met with the agents for former Shakhtar Donetsk winger Bernard today, according to reports.

The Brazilian is a free agent after leaving the Ukrainian side, having scored 10 goals last season.

Read the rest on Football Italia.

Higuain to hold Juventus talks
29.7 || webmaster

Gonzalo Higuain and his agent will be in Italy today, amid discussion over the Juventus striker’s future.

The Argentine international has been linked with both Milan and Chelsea, and it appears the Bianconeri are willing to sell him.

Read the rest on Football Italia.

AC Milan prepare Conte contract
29.7 || webmaster

Milan are reportedly prepared to offer Antonio Conte a three-year contract, but everything depends on his situation with Chelsea.

The Rossoneri have publicly denied that they’re thinking of replacing current Coach Gennaro Gattuso, but rumours about Conte won’t go away.

Read the rest on Football Italia.

Salzburg starlet ‘in AC Milan talks’
29.7 || webmaster

Milan have reportedly opened talks to sign Red Bull Salzburg and Mali starlet Diadie Samassekou.

According to RMC Sport, Milan are hoping to sign Samassekou for ‘a low fee’, given the midfielder’s contract expires next summer.

Read the rest on Football Italia.

AC Milan agree Bonucci swap?
29.7 || webmaster

It’s reported Milan and Juventus have agreed in principle to swap Leonardo Bonucci with Mattia Caldara, with Gonzalo Higuain to move on loan.

Bonucci wants to return to Turin just 12 months after leaving to join the Rossoneri, but the stumbling block was the Old Lady’s desire to keep Caldara.

Read the rest on Football Italia.

‘Nothing concrete for Higuain’
26.7 || webmaster

Juventus general manager Giuseppe Marotta says “nothing concrete has arrived from Chelsea and Milan” for Gonzalo Higuain.

The striker is expected to leave the Bianconeri this summer, with the arrival of Cristiano Ronaldo forcing him down the pecking order.

Read the rest on Football Italia.

2018-19 Serie A fixtures
26.7 || webmaster

The 2018-19 Serie A fixtures have been announced, with Juventus-Napoli in Week 7 and Inter-Milan in Week 9.

Serie A returns on August 18, and the season will run until Sunday May 26, when all 10 matches will be played simultaneously.

Read the rest on Football Italia.

Leonardo: Gattuso going nowhere
26.7 || webmaster

Leonardo assures Gennaro Gattuso’s position as Milan Coach ‘has never been up for discussion’ and will remain so.

In the second part of his Milan presentation on Thursday, the newly-appointed general manager also ruled out any ‘big’ signings due to Financial Fair Play, expressed confidence that Pepe Reina and Gianluigi Donnarumma could coexist and admitted Paolo Maldini joining him back at San Siro would be ‘very nice’.

Read the rest on Football Italia.

Leonardo: Bonucci wants Juventus return
26.7 || webmaster

Leonardo has confirmed that Leonardo Bonucci wants to re-join Juventus after only a season into his Milan transfer.

Leonardo was officially unveiled by Milan as their new general manager on Thursday, but all the talk building up to his presentation concerned Bonucci’s possible return to Juve.

Read the rest on Football Italia.

Gattuso laughs off job speculation
26.7 || webmaster

Gennaro Gattuso laughs off speculation that Milan President Paolo Scaroni called him to reassure him over his future.

The former midfielder replaced the sacked Vincenzo Montella late last year and guided the Rosssoneri to a sixth place Serie A finish.

Read the rest on Football Italia.

Gattuso: ‘Better than expected’
26.7 || webmaster

Milan Coach Gennaro Gattuso admits his side’s performance in their 1-1 draw with Manchester United was better than he was expecting.

The Rossoneri eventually lost 9-8 in a penalty shootout against Jose Mourinho’s team in their first match of the International Champions Cup.

Read the rest on Football Italia.

AC Milan swap Bonucci for Caldara?
25.7 || webmaster

Milan and Juventus are said to be discussing a swap deal involving Mattia Caldara and Leonardo Bonucci, but each is also demanding a transfer fee.

Reports have emerged in recent days that Bonucci wants to return to Turin, just 12 months after leaving to become Rossoneri captain.

Read the rest on Football Italia.

Bacca: ‘I want to stay in Spain’
25.7 || webmaster

Carlos Bacca confirms “I’d like to stay in Spain” but “I have a contract with Milan and I respect it”.

The striker spent last season on loan at Villarreal, but despite scoring 15 Liga goals they didn’t activate their €15.5m buyout clause.

Read the rest on Football Italia.

Official: Leonardo back at AC Milan
25.7 || webmaster

Milan have officially confirmed that Leonardo has returned to the club as general manager.

The Brazilian is a former Rossoneri player and Coach, and was previously sporting director at Paris Saint-Germain.

Read the rest on Football Italia.

OFFICIAL: Mirabelli leaves AC Milan
24.7 || webmaster

Milan have officially parted company with sporting director Massimiliano Mirabelli.

Mirabelli arrived from Inter last summer and signed 11 players at a cost of over €200m in his first transfer window, but his position was made untenable by Milan’s failure to qualify for the Champions League and Elliott Management’s takeover.

Read the rest on Football Italia.

Report: AC Milan contact Conte
24.7 || webmaster

Milan director-elect Leonardo has reportedly contacted former Chelsea boss Antonio Conte over his availability.

According to Premium Sport, Leonardo – who is set to become Milan’s technical director – received a ‘positive reply’ from Conte.

Read the rest on Football Italia.

Official: San Siro to be renovated
24.7 || webmaster

The City Council of Milan has confirmed that San Siro will undergo ‘extraordinary’ renovation work, to be completed by 2020.

Inter and Milan have long been linked with new stadia, but it appears both clubs will be tied to San Siro for at least the next two years.

Read the rest on Football Italia.

Maldini to be offered vice presidency?
24.7 || webmaster

Corriere della Sera reports Milan legend Paolo Maldini could be offered the role of the club’s vice presidency.

Despite having been touted for a position at the club numerous times in the past, it would be the former captain’s first involvement at San Siro since he retired from playing in 2009.

Read the rest on Football Italia.

Gattuso hints at Bonucci exit
24.7 || webmaster

Milan Coach Gennaro Gattuso appears to confirm captain Leonardo Bonucci wants to leave the club, with Juventus and Manchester United linked.

The centre-back, who only joined the Rossoneri from the Old Lady last summer, has been heavily linked with a move away from San Siro.

Read the rest on Football Italia.

Under new management – will Elliot purchase signal a stable future?
24.7 || webmaster

The past year has been one that AC Milan fans will be eager to consign to the pages of history. Finishing sixth in Serie A was enough to qualify for the Europa League, but that came crashing down when the club was banned by UEFA for overspending and breaching financial rules relating to payments.

Last week, things went from bad to worse when owner Li Yonghong defaulted on a loan agreement – he borrowed €300 million from a US investment fund and was due to make a repayment of €32 million by last Friday.

The lender in question is Elliot Management, a New York based hedge fund, and Elliot has taken the step of repossessing the Luxembourg company that Li Yonghong used to purchase the club in the first place. So what does all that mean to the millions of AC Milan fans who just want to see the club return to winning ways in the middle and stability behind the scenes? Simple – we are Under New Management. And it could be the best news all year.

Cash injection

Sometimes you have to speculate to accumulate. That might sound reasonable enough to you or me when we are visiting an instant payout casino online or putting a couple of pounds on a game at a bookmaker. But when a company has already invested hundreds of millions into a club and seen no return, you might think they would be reluctant to throw any more money into the pot.

However, Elliot has a long term game plan. The business knows that what it has invested already will be lost forever unless the club it put back on its feet, and this is why it has decided to get directly involved. The fund has a good track record of turning around businesses that have suffered through mismanagement. This will be the first time they have got quite so hands-on in running an entire venture, but given the profile of the club, they will be putting everything behind getting it right.

The fund’s first course of action will be to inject a further €50 million into the club to stabilise its finances, and this decisive action has allayed fears that the future viability of the club might be in jeopardy.

In for the long haul

As an established and successful hedge fund, this is a deviation from Elliot’s normal way of doing business. Financial commentators assumed the club would be immediately sold off, and some even entertained the possibility of it being liquidated, and the assets sold off to try to recover money. Elliot has seen a better way forward for everyone, however.

Elliot’s founder, Paul Singer, said that his company: “looks forward to the challenge of realising the club’s potential and returning the club to the pantheon of top European football clubs where it rightly belongs.”

There is still a long road ahead, but AC fans can take heart that the coming year is looking more promising than the one we have put behind us.

Gandini set for AC Milan return?
23.7 || webmaster

Roma CEO Umberto Gandini is reportedly set to rejoin Milan as part of their new-look management team.

According to Calciomercato.com, Gandini is ‘a step away’ from returning to Milan, where he worked for 23 years, before moving to Roma in 2016.

Read the rest on Football Italia.

Maldini: AC Milan ‘unforgettable’, but…
23.7 || webmaster

Paolo Maldini says Milan are ‘unforgettable’ to him, but ‘there’s still nothing’ about their former defender returning to the club.

Maldini spent his entire playing career with Milan but has yet to take up a position at San Siro since his retirement, having fallen out with Silvio Berlusconi and lacked belief in Li Yonghong’s board.

Read the rest on Football Italia.

AC Milan to sack Mirabelli?
23.7 || webmaster

New Milan President Paolo Scaroni is expected to meet with sporting director Massimiliano Mirabelli tonight to discuss the resolution of his contract.

The former Eni CEO has taken over as the Rossoneri figurehead, after U.S hedge fund Elliott Management ouster previous owner Yonghong Li.

Read the rest on Football Italia.

Reina could join Chelsea
23.7 || webmaster

Pepe Reina could leave Milan without ever playing a competitive game, as reports in Italy link him to Chelsea.

The Blues appear to be close to selling Thibaut Courtois to Real Madrid, and missed out on Alisson when the former Roma goalkeeper joined Liverpool in a €72.5m deal.

Read the rest on Football Italia.

‘No Napoli offer for Andre Silva’
23.7 || webmaster

Napoli President Aurelio De Laurentiis discusses the latest transfer rumours, calling talk of a move for André Silva “very false”.

The Partenopei patron has taken to doing ‘true or false?’ sessions on Radio Kiss Kiss Napoli every day, and he sat down this afternoon to chew over the latest rumours.

Read the rest on Football Italia.

AC Milan offer Higuain four-year deal?
23.7 || webmaster

Milan have reportedly offered Gonzalo Higuain a four-year contract on wages of €4.5m a season.

Following the recent arrival of Cristiano Ronaldo, the Argentine forward has been heavily linked with a move away from the Old Lady this summer.

Read the rest on Football Italia.

United looking at Bonucci?
23.7 || webmaster

Milan captain Leonardo Bonucci is reportedly one of a number of defensive targets being considered by Manchester United.

The centre-back only joined the Rossoneri from Juventus last summer but has been linked with a move away from the San Siro throughout the summer.

Read the rest on Football Italia.

AC Milan discuss Higuain
22.7 || webmaster

Sky Italia reports that Juventus general manager Giuseppe Marotta discussed Gonzalo Higuain with incoming Milan director Leonardo.

The former Rossoneri player will be confirmed as technical director in the coming days, following the takeover by Elliott Management.

Read the rest on Football Italia.

'Atletico and Sevilla want Kalinic'
22.7 || webmaster

Nikola Kalinic's agent confirms interest from Atletico Madrid and Sevilla, but “it depends on Milan”.

The striker seems certain to leave the Rossoneri this summer, and Spain looks like his most likely destination.

Read the rest on Football Italia.

Juventus wait for Higuain offer
22.7 || webmaster

Juventus have made it clear they’d sell Gonzalo Higuain for €60m, according to reports, so they await an offer from Milan.

The Bianconeri have signed Cristiano Ronaldo from Real Madrid, so it appears that Pipita is surplus to requirements.

Read the rest on Football Italia.

Scaroni: AC Milan ‘great honour’
21.7 || webmaster

Paolo Scaroni says it is a ‘great honour’ to become Milan’s new President, while the investment of ‘important resources’ are promised.

Scaroni replaces Li Yonghong, who officially stood down on Saturday morning, with the 71-year-old best known for being the deputy chairman of Rothschild Group and former CEO of Italian multinational Eni.

Read the rest on Football Italia.

AC Milan: Fassone out, new board in
21.7 || webmaster

Milan have officially confirmed Paolo Scaroni as their new President following the exits of Marco Fassone and Li Yonghong.

A shareholders’ meeting on Saturday morning saw Li and Fassone ousted for what Gazetta dello Sport describes as ‘just cause’, along with fellow board members David Han Li, Lu Bo and Xu Renshuo.

Read the rest on Football Italia.

Sky: AC Milan in Benzema talks
21.7 || webmaster

Sky Sport Italia reports Milan have held talks to sign Real Madrid striker Karim Benezma.

According to Gianluca Di Marzio, intermediary Ludovic Fattizzo and Benzema’s representatives spoke to Rossoneri boss Gennaro Gattuso and sporting director Massimiliano Mirabelli at Milanello on Monday afternoon.

Read the rest on Football Italia.

Li: Ready to fight for AC Milan
20.7 || webmaster

Former Milan owner Li Yonghong has warned Elliott Management that ‘I’m ready to fight’ the ‘careless and predatory vulture fund’ for the club.

Li was recently ousted by Elliott for not honouring a €32m repayment, but in a scathing letter made public by Il Sole 24, the Chinese businessman accused the hedge fund of misleading him with its intentions and preventing him from selling Milan once it became apparent that he could no longer finance the club.

Read the rest on Football Italia.

Suso: AC Milan alive & kicking
20.7 || webmaster

Suso has warned Milan’s rivals that his club ‘are here and alive’ after ‘suffering’ during their Europa League ordeal.

Milan were reinstated to the Europa League on Friday after the Court of Arbiration for Sport accepted their appeal, and Suso expressed his delight with the verdict.

Read the rest on Football Italia.

Gattuso: Bonucci at all costs, but…
20.7 || webmaster

Milan boss Gennaro Gattuso wants to keep Leonardo Bonucci ‘at all costs’ but admits ‘choices must be respected’.

Bonucci started Milan’s 2-0 win against Novara on Thursday, amidst mounting speculation that the former Juventus defender is keen on a move to Paris Saint-Germain.

Read the rest on Football Italia.

AC Milan: ‘Committed to FFP’
20.7 || webmaster

Milan released a statement declaring their intention to return to “full sporting and financial solidity” after being reinstated into the Europa League.

The Rossoneri were initially barred from the competition for Financial Fair Play violations, as well as doubts over owner Yonghong Li.

Read the rest on Football Italia.

Official: AC Milan back in Europa League
20.7 || webmaster

The Court of Arbitration for Sport has overturned UEFA’s decision to exclude Milan from the Europa League.

The Rossoneri were barred from this season’s competition for Financial Fair Play breaches, as well as doubts over then owner Yonghong Li.

Read the rest on Football Italia.

AC Milan want €40m for Bonucci
18.7 || webmaster

Milan are reportedly open to selling Leonardo Bonucci this summer, but Paris Saint-Germain would have to pay €40m.

The Rossoneri captain is being increasingly linked with an exit, just 12 months after he signed from Juventus for €42m.

Read the rest on Football Italia.

Kalinic close to Atletico
18.7 || webmaster

Milan and Atletico Madrid are believed to have agreed a deal worth a total €20m for Nikola Kalinic.

The Croatian striker is surplus to requirements at San Siro, with the Rossoneri keen to sell just a year after signing him from Fiorentina for around €25m.

Read the rest on Football Italia.

Callejon could leave Napoli
18.7 || webmaster

Jose Callejon is reportedly struggling to fit into Carlo Ancelotti’s new Napoli system, so the Spaniard could move to Milan.

The Partenopei are working in their pre-season training camp at Dimaro-Folgarida, and calciomercato.com has already noticed some changes.

Read the rest on Football Italia.

Elliott's three-year AC Milan plan
18.7 || webmaster

Elliott Management aim to control Milan for three years and not one, it’s reported, selling two per cent to Riccardo Silva.

According to Sky Sport Italia, the takeover after President Yonghong Li defaulted on his debts won’t be a short-term operation seeking a new buyer.

Read the rest on Football Italia.

AC Milan consider Conte
17.7 || webmaster

It’s reported that Elliott Management are considering a change on the Milan bench, with Antonio Conte replacing Gennaro Gattuso.

The U.S hedge fund has taken over the running of the club after Yonghong Li failed to pay his debts, and are already making changes.

Read the rest on Football Italia.

AC Milan won't sell Locatelli
17.7 || webmaster

Milan’s new owners have blocked Manuel Locatelli’s potential move to Sassuolo, according to reports.

The young midfielder had been linked with a move to the Neroverdi, possibly with a buyback clause.

Read the rest on Football Italia.

Gazidis in, Fassone out at AC Milan?
17.7 || webmaster

Milan owners Elliott Management are reportedly keen to bring Arsenal chief executive Ivan Gazidis on board, replacing CEO Marco Fassone.

The U.S hedge fund has seized control of the club from Yonghong Li, and is in the process of overhauling the board.

Read the rest on Football Italia.

AC Milan in for Higuain, Morata
17.7 || webmaster

Milan are reportedly in London to negotiate for Chelsea striker Alvaro Morata, but are also in contact with Gonzalo Higuain’s representatives.

CEO Marco Fassone and sporting director Massimiliano Mirabelli are in the UK capital, where it was reported they could be dismissed from their roles.

Read the rest on Football Italia.

Kalinic set for Atletico
17.7 || webmaster

Reports in Spain suggest Nikola Kalinic’s move from Milan to Atletico Madrid is practically done.

The striker joined the Rossoneri from Fiorentina last summer for a reported €25m, but he managed just six goals all season.

Read the rest on Football Italia.

ADL ‘can’t see’ Callejon-Suso swap
16.7 || webmaster

Napoli President Aurelio De Laurentiis says he ‘doesn’t see’ Jose Callejon leaving for Milan in a swap deal with Suso.

Napoli’s reported desire for Suso had fuelled speculation of a player swap involving Callejon, who has continually been linked with Milan.

Read the rest on Football Italia.

Leonardo set for AC Milan return
16.7 || webmaster

Leonardo is reportedly ‘a step away’ from returning to Milan as their general manager.

According to Sport Mediaset, Leonardo is currently locked in talks with Milan, making him ‘very close’ to rejoining the club for a fourth spell, despite the Curva Sud opposing his appointment.

Read the rest on Football Italia.

Sassuolo warning for AC Milan
16.7 || webmaster

Sassuolo have warned Milan that they are not interested in a loan swap involving Domenico Berardi and Manuel Locatelli.

It had been reported that Milan were hoping to exchange Locatelli for Berardi on loan, with both deals including options to buy, but Giovanni Carnevalli asserted his club would not entertain such an arrangement.

Read the rest on Football Italia.

Roma potential for Donnarumma?
16.7 || webmaster

If Alisson Becker does leave for Chelsea or Liverpool, then Roma could turn to Milan goalkeeper Gianluigi Donnarumma.

The reports are spreading that Alisson could be allowed to depart for an offer of €70m and Liverpool are leading the race.

Read the rest on Football Italia.

No offers for Bonucci?
16.7 || webmaster

Milan are open to selling Leonardo Bonucci for a minimum of €32m, claim Mediaset Premium, but there are no firm offers yet.

According to Mediaset transfer pundit Paolo Bargiggia, the Rossoneri would be more than ready to part with their captain after only one year at San Siro.

Read the rest on Football Italia.

Chelsea Best betting Odds for 2018/19 Season
16.7 || webmaster

Hopes will be high at Stamford Bridge that 2018/19 can bring more in the way of success for Chelsea under new manager Maurizio Sarri and while doubts have been cast over the future of Thibaut Courtois and Eden Hazard, optimism remains high amongst the Blues fans that their side can improve upon what was a disappointing and somewhat frustrating 2017/18.

FA Cup success was a welcome distraction from a pretty dismal Premier League campaign although the fact remains that Chelsea did manage to secure European football, albeit in the Europa League. Indeed the Blues are 6/1 favourites (alongside London rivals Arsenal) to go all the way in Europe's second-tier competition and this would provide them with what could prove to be a relatively easy route back into the Champions League for 2019/10.

As far as the Premier League is concerned, Chelsea are fourth favourites to lift the crown at the end of 2018/19 at 14/1 behind the likes of Manchester City (8/11), Liverpool (5/1) and Manchester United (7/1) although the bookmakers are slightly more confident of their chances of once again lifting the FA Cup at odds of 7/1. The League Cup has eluded the Blues for the past couple of seasons and the bookmakers go 8/1 that Chelsea triumph in the competition for the first time since 2015.

With the possibility remaining that Eden Hazard may be moving to pastures new, Alvaro Morata will be the centre of attention for those looking to back a Blues player to finish 2018/19 as top-scorer in the Premier League, the bookies going 20/1 that the Spaniard wins the domestic Golden Boot. Morata banged-in 15 goals across all competitions last term and should he remain at Stamford Bridge after the summer transfer window slams shut (recent reports suggest that he could be offloaded this summer) he will play a central role in determining whether Chelsea can bounce back from a disappointing 2017/18 and mount a serious challenge for a top-four finish at the very least next season.

Nevertheless former Napoli boss Sarri is reportedly interested in bringing Gonzalo Higuain to Stamford Bridge and such a move would likely result in the departure of both Morata and Olivier Giroud in the coming weeks.

You can find all the very best odds and offers on Chelsea's upcoming Premier League campaign at Bettingodds.com.

Chelsea 2018/19 Best Betting Odds

AC Milan cling to Bertolacci
15.7 || webmaster

Milan will not sell Andrea Bertolacci to Everton, as it’s reported Coach Gennaro Gattuso insisted on keeping him.

The midfielder spent last season on loan at Genoa, having failed to make an impact at San Siro following his €20m move from Roma in 2015.

Read the rest on Football Italia.

Suso release clause to expire
15.7 || webmaster

Milan winger Suso has a €38m release clause valid only for clubs abroad, but it will expire at midnight tonight.

According to Mediaset Premium, sides such as Chelsea and Liverpool who are interested in the Spaniard have around 12 hours to make their move.

Read the rest on Football Italia.

Atletico to step up Kalinic bid?
15.7 || webmaster

Tuttosport reports that Atletico Madrid are ready to step up efforts to sign Nikola Kalinic from Milan.

The Croatian forward has endured a difficult year, falling out with Rossoneri Coach Rino Gattuso before being sent home from Croatia’s World Cup squad for refusing to come on as a substitute.

Read the rest on Football Italia.

Berlusconi: ‘Ronaldo to Juve terrible’
15.7 || webmaster

Silvio Berlusconi says Cristiano Ronaldo’s move to Juventus feels ‘terrible’ as a Milan fan, although it is good for Italian football.

The Portuguese will move to the Serie A champions for a fee in the region of €100m and is due to be presented to the media at a Press conference tomorrow.

Read the rest on Football Italia.

AC Milan ultras: 'No to Leonardo'
15.7 || webmaster

Milan ultras released a statement urging Elliott Management to stick with Gennaro Gattuso and Massimiliano Mirabelli, but not hire Leonardo.

The club is in turmoil after President Yonghong Li defaulted on his debts, so US hedge fund Elliott Management repossessed his assets.

Read the rest on Football Italia.

Gattuso in money-laundering investigation
15.7 || webmaster

There are more problems for Milan, as Gennaro Gattuso appears in a list of people under investigation for money-laundering.

The Coach owned 35 per cent of the Tre Olmi pig farm based in Gallarate and which went bankrupt in May 2014.

Read the rest on Football Italia.

Leonardo role in the new AC Milan?
12.7 || webmaster

Milan’s new owners Elliott Management have reportedly contacted former player, director and Coach Leonardo after Paolo Maldini turned them down.

US hedge fund Elliott now effectively run the club after President Yonghong Li defaulted on his debts, but a new Board of Directors will only be voted in after July 21.

Read the rest on Football Italia.

Suso agent meets Chelsea?
12.7 || webmaster

Milan winger Suso’s agent reportedly met Chelsea this week to discuss a potential €40m transfer.

The Spain international and former Liverpool player had already been heavily linked with Napoli when Maurizio Sarri was in charge.

Read the rest on Football Italia.

Scaroni new AC Milan President?
12.7 || webmaster

Elliott Management have taken over Milan and wholesale changes are expected, including Paolo Scaroni as President, but Rocco Commisso's entourage are doubtful.

The American hedge fund officially repossessed the club’s holding company after Yonghong Li defaulted on a debt of €32m, not even reaching the October deadline to repay the full €303m plus interest loan he used to purchase the side in April 2017.

Read the rest on Football Italia.

OFFICIAL: Elliott now own AC Milan
12.7 || webmaster

Elliott Management have taken over control of AC Milan after Yonghong Li “defaulted on debt obligations” and pledged to inject €50m in capital.

Yonghong Li failed to pay the €32m to increase the capital last month and then missed the deadline to repay the loan to hedge fund Elliott Management.

Read the rest on Football Italia.

Halilovic hails 'legendary' AC Milan
7.7 || webmaster

Alen Halilovic “really can’t wait to wear this legendary jersey” after joining “big club with a great history” Milan.

The 22-year-old Croatia international was a free agent from Hamburger SV after a season on loan at Las Palmas and signed a contract to June 2021.

Read the rest on Football Italia.

Li's last throw of Milan dice
7.7 || webmaster

Elliott Management have already started legal proceedings to repossess Yonghong Li’s assets, but the Milan patron could put up a fight.

Yonghong Li failed to meet his deadline last month to put €32m of capital into the club, so it was provided by American hedge fund Elliott.

Read the rest on Football Italia.

OFFICIAL: Halilovic signs for AC Milan
7.7 || webmaster

Milan have officially signed Alen Halilovic from Hamburger SV on a contract to June 2021.

The announcement was made on the club website, although his contract had already appeared on the Lega Serie A website on Tuesday.

Read the rest on Football Italia.

Betis join Locatelli chase
7.7 || webmaster

Real Betis are the latest club interested in Milan midfielder Manuel Locatelli after Sassuolo, Atalanta, Cagliari, Parma and Frosinone.

The 20-year-old is eager for more playing time after he was pushed out of the starting XI by Lucas Biglia.

Read the rest on Football Italia.

Elliott to run AC Milan?
7.7 || webmaster

Yonghong Li missed the deadline and a legal battle could ensue, but it remains to be seen what hedge fund Elliott Management will do with Milan next.

The Chinese patron failed to pay the outstanding €32m, which Elliott had provided to increase the capital last month, and to all intents and purposes the American hedge fund now owns the Serie A giants.

Read the rest on Football Italia.

Bacca rejects Trabzonspor
5.7 || webmaster

Milan forward Carlos Bacca reportedly turned down a move to Trabzonspor after his Villarreal loan spell expired.

The Colombia international is not part of their plans and the Rossoneri hope to sell him on as soon as possible to raise funds.

Read the rest on Football Italia.

Rodriguez denies Spurs talks
5.7 || webmaster

Ricardo Rodriguez’s agent denied Tottenham Hotspur talks, but he’d “only consider leaving Milan for a top European club that can win the Champions League.”

The full-back arrived last year from Wolfsburg at a cost of €15m plus bonuses, but has been repeatedly linked with a move due to Financial Fair Play problems.

Read the rest on Football Italia.

Kalinic agrees Atletico Madrid move
5.7 || webmaster

Nikola Kalinic and Milan have agreed terms with Atletico Madrid, it’s reported, sending Kevin Gameiro to Valencia and Simone Zaza to San Siro.

According to Sportitalia, the deal for Kalinic is done and they are in total agreement for the transfer, including his €3m per year salary.

Read the rest on Football Italia.

Elliott refuse Yonghong Li extension
5.7 || webmaster

Milan President Yonghong Li reportedly asked for an extension on the deadline to repay €32m, but Elliott Management refused.

Time is ticking down and the Chinese patron risks losing the club to US hedge fund Elliott Management Corporation this weekend.

Read the rest on Football Italia.

Zaza to AC Milan imminent
5.7 || webmaster

Simone Zaza is reportedly on the verge of a move to Milan, with Nikola Kalinic heading to Atletico Madrid.

It emerged yesterday that the Valencia striker was in talks with the Rossoneri, but they need Kalinic to depart before a deal can be completed.

Read the rest on Football Italia.