Who cares, just give us money.

Nevermind the last few years. But anyone feeling a tad sentimental about Berlusconi leaving after 30 years?

Nevermind the last few years. But anyone feeling a tad sentimental about Berlusconi leaving after 30 years?

Not really to be honest. Things have just deteriorated to the point where all I feel is relief that this thing is finally done

And why Sosa again? Remind me, what did he do recently to deserve so much attention and fight from our behalf?

Nevermind the last few years. But anyone feeling a tad sentimental about Berlusconi leaving after 30 years?

I think, just like we reflect on the Carlo days today, we will reflect on Silvio's Era tomorrow. When we figure out that it wasn't all of Galliani doing after all but just how life is not always perfect like that (IMG:style_emoticons/default/wink.gif)

But yes I feel a lot of sentimental attachment to Silvio's ownership of Milan. To an extent that he is the sole person after God responsible for Milans run over the last 30 years. And today, it is being transfered to China, whom Silvio has accepted a lower valuation of the club to just receive eur 520m and the rest 570m to milan (pay debt qnd transfers). That is a show of affection from the President to his club. Truly is. Forever grateful.

Some scary news about our new investors, with allegations of false documents being used to get Berlu to agree to the deal (some of these allegations have apparently been confirmed by one of the Chinese banks). It sounds like the new investors are not as "solid" as they represented themselves, and may have to rely on help from Chinese banks, at least for a transition period. If so, the club will be effectively run by banks, which is probably not good news in terms of what we might be able to spend for players.

Sino-Europe threaten legal action


The Sino-Europe Sports group are threatening legal action after reports emerged that they had provided Milan with a false bank guarantee.

The Chinese consortium reached a deal to buy the Rossoneri from President Silvio Berlusconi’s holding company, Fininvest, last month. They have since paid a deposit of €100m and are due to conclude their takeover before the end of the year.

However, reports in Chinese media on Friday claimed that Sino-Europe had used false bank guarantees during the negotiations with Berlusconi, actions the group categorically denied in a statement.

“With regard to the incessant speculation from the media – including today’s, spread by Chinese daily Caixin, which claims that during negotiations Fininvest received false financial guarantees and false supporting documents – Sino-Europe Sports strongly declares that all of the speculation is unfounded and that it is considering beginning legal action,” the statement reads.

“As Fininvest has already stated several times, Sino-Europe Sports has duly and punctually complied with the financial obligations to Fininvest, in accordance with the agreement signed on 5th August.

“The parties are working attentively to finalise the closing of the deal, as was outlined in the said agreement.”

Either way, it would be crazy for anyone, let along a consortium made up of a number of different investors, to sink 100m into something that isn't air tight.

Agreed, they will find an answer. However, it looks like Chinese sources are now confirming the allegations. (Link.)