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> Milan sale to go through!, Chinese consortium to acquire for 700 MM Euros

 
Rossoneri7
post Aug 5 2016, 02:11 PM
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欢迎新业主
Huānyíng xīn yèzhǔ
Welcome new owners


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X-Offender
post Aug 5 2016, 02:24 PM
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QUOTE (X-Offender @ Aug 5 2016, 01:48 PM) *
It's official. 99,3% of shares sold for 740 million euros (including debt).


*99,93%
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Forza Milan!
post Aug 5 2016, 04:04 PM
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Finally!

If what this says is true, we (as Milan fans) owe Berlu big time. In addition to almost 30 years of (mostly) glory (ignoring the last few years, of course (IMG:style_emoticons/default/smile.gif) ), apparently Berlu insisted on contractual guarantees that the new owners will invest adequately in the club.

This apparently frees up 15M now, 85M more within 35 days, and 100M when the deal closes. Not enough to re-build the team, but if used wisely enough to get us to stay reasonably competitive. And with Gancikoff involved, I have a feeling that Galliani will be under tighter control.

Feeling a lot happier. (Though will remain concerned until we close.)
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Rossoneri7
post Aug 5 2016, 07:29 PM
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Actually terms of signing the sale binds the Chinese to invest eur350m over three years (inclusive of the 100m spread out -> 15 now and 85 within 30 days of signing the contract).

The contract is 99.9% of Milan against payment of eur740m to acquire the club -> 520 to Fininvest and 220 to the banks.
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han2503
post Aug 5 2016, 08:06 PM
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FINALLY!!

We can celebrate!

Apparently it's being reported that the buyers are not the consortium lead by Sal Galatiato and Gancikoff. This bring a whole new set of question marks but I'm so glad it's finally done and we can more forward from this limbo we've been stuck in
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han2503
post Aug 5 2016, 08:25 PM
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Also, one of the major players in the consortium is this corporation Click. They're state owned, so it's safe to say we have some serious financial muscle behind us now
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Fillipo Simone
post Aug 6 2016, 12:49 AM
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Who knows. I've read some comments from Italian business people who say that having a state-owned corporation on board makes things less smooth. I'm not gonna celebrate just now; let's wait a bit.

Di Marzio is mentioning Cuadrado as a possibility. Sosa as well. Also, Zaza if Bacca leaves. I seriously fail to see why we're still trying to push Bacca out. And why Sosa again? Remind me, what did he do recently to deserve so much attention and fight from our behalf?
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Fillipo Simone
post Aug 6 2016, 01:29 AM
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Btw. why not try to catch Schweinsteiger? He's on a downward curve but he'd still do great things with us here.
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han2503
post Aug 6 2016, 09:05 AM
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I've been wondering about Bastian as well, he'd be a great addition and would elevate our midfield.

Atm, I'm just going to wait and see, it's clear from how this sale unfolded that no media outlet, not even the big financial ones even, knew wtf was going on. They were guessing dates and when it was clear it wasn't going to happen they'd say there's been another delay and give us another date, and so on and so forth. Only for it to happen out of the blue on the 5th of August when no one was expecting it.

Atm, I don't think Galliani himself knows what he's allowed to do or not to do in the transfer market. his very position at the club is up in the air and I don't think he'll be here past the closing date.

I personally don't think there will be a cash injection until the deal is completely closed in October, so atm I think we should slow down with the expectations. But I do believe that there will be heavy investment once this thing is completely done. Fininvest even disclosed this in their official press release about the sale, something they wouldn't do unless they were certain of it.

The media is saying that Lapadula and Gomez were signed through the 15m deposit, which is a stupid observation to make as they cost more than that and we sold SES as well this summer for 13m IIRC. The media is just pulling things out at random atm by making baseless observations.

And if our budget was really 15m, I would hope that Galliani wouldn't be stupid enough to waste all of it on a Serie B striker and an unknown defender playing in S.America.

I really hope we can use the loan + obligation formula to secure a couple of good deals. Still hoping for Kovacic. Our midfield is still dire and it seems we're focusing on every area of the team aside from this one, which would be typical of B & G but I'm hoping Montella will push for a couple of decent mids as his system would be useless with the current crop we have
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X-Offender
post Aug 6 2016, 12:20 PM
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Kovacic or Isco are mandatory IMO. One of them has to leave and we should use this new ownership as an "ambitious project" reasoning to lure them in. I also reas that we're now serious for Cuadrado.
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Forza Milan!
post Aug 6 2016, 12:25 PM
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QUOTE (han2503 @ Aug 6 2016, 10:05 AM) *
I've been wondering about Bastian as well, he'd be a great addition and would elevate our midfield.

Atm, I'm just going to wait and see, it's clear from how this sale unfolded that no media outlet, not even the big financial ones even, knew wtf was going on. They were guessing dates and when it was clear it wasn't going to happen they'd say there's been another delay and give us another date, and so on and so forth. Only for it to happen out of the blue on the 5th of August when no one was expecting it.

Atm, I don't think Galliani himself knows what he's allowed to do or not to do in the transfer market. his very position at the club is up in the air and I don't think he'll be here past the closing date.

I personally don't think there will be a cash injection until the deal is completely closed in October, so atm I think we should slow down with the expectations. But I do believe that there will be heavy investment once this thing is completely done. Fininvest even disclosed this in their official press release about the sale, something they wouldn't do unless they were certain of it.

The media is saying that Lapadula and Gomez were signed through the 15m deposit, which is a stupid observation to make as they cost more than that and we sold SES as well this summer for 13m IIRC. The media is just pulling things out at random atm by making baseless observations.

And if our budget was really 15m, I would hope that Galliani wouldn't be stupid enough to waste all of it on a Serie B striker and an unknown defender playing in S.America.

I really hope we can use the loan + obligation formula to secure a couple of good deals. Still hoping for Kovacic. Our midfield is still dire and it seems we're focusing on every area of the team aside from this one, which would be typical of B & G but I'm hoping Montella will push for a couple of decent mids as his system would be useless with the current crop we have

I agree that we are dealing with a lot of confusing and contradicting info, and much of what is being reported is probably wrong. I believe the 15M was not available prior to the signing of the prelim agreement, which means maybe it covers Gomez but not Lapadula. As I already said, we are not getting enough to build the team we all would like to see, but we may have enough to deal with some of the more glaring problems.

This post has been edited by Forza Milan!: Aug 6 2016, 12:34 PM
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Forza Milan!
post Aug 6 2016, 12:33 PM
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QUOTE (Fillipo Simone @ Aug 6 2016, 01:49 AM) *
Who knows. I've read some comments from Italian business people who say that having a state-owned corporation on board makes things less smooth. I'm not gonna celebrate just now; let's wait a bit.

Di Marzio is mentioning Cuadrado as a possibility. Sosa as well. Also, Zaza if Bacca leaves. I seriously fail to see why we're still trying to push Bacca out. And why Sosa again? Remind me, what did he do recently to deserve so much attention and fight from our behalf?

I would not celebrate until the deal has closed and we know more about the new management (to use a line from one of my favorite movies, "it could be worse, it could be raining"). However, at least something appears to be changing, and that is enough to lift my spirits.

We are pushing Bacca out because he is not part of Montella's plans and he can bring us money now (if Montella does not play him, his value will drop).
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Forza Milan!
post Aug 6 2016, 12:40 PM
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Potential replacement for Galliani. I see Marco Fassone mentioned in other articles as well.

This post has been edited by Forza Milan!: Aug 6 2016, 12:49 PM
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Forza Milan!
post Aug 6 2016, 12:47 PM
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And much confusion regarding our buyers
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han2503
post Aug 6 2016, 03:57 PM
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Republica, while referencing the Chinese Business Circle are saying that Xi Jinping, is behind the consortium, with other private entities as well as state owned ones also being involved (named: Moutai (State owned), Baidu, Evergrande, and Wang Jianlin (Richest man in China ahead of Jack Ma))

We'll just have to wait and see if these names are correct, but I'm 100% sure that the Chinese government is involved heavily in this
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